Pakistan
398 Employees
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Third-party revenues
$1,409,894,389
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Related-party revenues
$954,469
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Total revenues
$1,410,848,857
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Profit before tax
$43,242,444
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Tax paid
$11,264,908
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Tax accrued
$12,704,524
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Tangible assets
$350,734,005
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Stated capital
$16,157,245
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Accumulated earnings
$9,160,932
Main business activities
- Downstream
- Trading and Supply
Shell’s footprint
Shell has been present in Pakistan since 1947. Shell Petroleum Company Limited has a 76.11% interest in Shell Pakistan Limited. Shell Pakistan Limited has a wide retail network and sells petroleum products and compressed natural gas. It also blends and markets various kinds of lubricating oils.
Country financial analysis
The statutory corporate income tax rate in Pakistan is 29%. The increase in revenue was primarily because of rising demand in 2021 compared with 2020. The overall sales volume jumped by 25%. The increase in the regulated prices of fuel also contributed to higher revenues.
