Wafi Energy’s Profits Surge After Acquisition

Karachi: Wafi Energy Pakistan Ltd (WAFI) reported a significant increase in profits during its first analyst briefing since its recent acquisition. The company announced a net profit after tax (NPAT) of PKR 3.03 billion for the first nine months of the calendar year 2025 (9MCY25), translating to earnings per share (EPS) of PKR 14.16. This marks a 4.2-fold increase compared to the same period last year.

Revenues for Wafi Energy showed a modest increase of 6.5% year-over-year. The company’s management credited the substantial rise in profitability to higher sales volumes and reduced administrative costs. A majority of these earnings, approximately 58%, were generated in the third quarter of 2025. This was attributed to enhanced profitability in fuel, lubricants, and non-fuel retail operations, as well as inventory gains.

The briefing marked the completion of Wafi Energy’s first year as the majority shareholder, following its acquisition. Management highlighted that the acquisition has afforded the company greater operational flexibility. This flexibility is particularly evident in its capital expenditure decisions and supply chain arrangements, which have led to improved efficiencies.

These developments were disclosed during the company’s maiden analyst briefing, which was aimed at providing investors with insights into the company’s performance and strategic outlook. The information was made available by AKD Securities Limited.