Wafi Energy Pakistan Limited Announces Q3 2025 Results

28-Oct
Wafi Energy Pakistan Limited Announces Q3 2025 Results

Pakistan, October 28, 2025: The Board of Directors of Wafi Energy Pakistan Limited (WEPL) announced the company’s financial performance for the nine months ended September 30, 2025. The company reported a profit after tax of PKR 3,030 million, compared to a profit after tax of PKR 724 million in the same period last year.

As Wafi Energy Pakistan builds on its first year in Pakistan, the company remains dedicated to driving operational excellence, sustainability, and community impact. Over the past year, WEPL has continued to expand its Shell-branded retail network, commissioning 28 new sites nationwide, upgrading seven locations, and adding 12 Shell Select stores.

WEPL launched its second eco-friendly Shell fuel station in Rawalpindi. The site was constructed using 7,700 kg of recycled plastic in partnership with Concept Loop, a Wafi Tameer alumni startup. It follows the success of Pakistan’s first retail site constructed with recycled-plastic and the road build with recycled lubricant cans in Karachi, continuing efforts to repurpose waste material for environmental benefit. 

During the quarter, the company also introduced the New & Improved Shell V-Power, a premium fuel formulated to enhance vehicle performance. The lubricants business sustained growth across both consumer and industrial segments, with the company strengthening its leadership in the mining, transport, and construction sectors through strategic OEM partnerships and a focus on technical excellence.

In line with its commitment to social responsibility, WEPL collaborated with the National Disaster Management Authority (NDMA) to supply fuel for critical relief and transportation activities during the recent floods. The company also reinforced its internal preparedness and response frameworks to ensure workforce safety and operational resilience.

WEPL remains dedicated to driving operational excellence, sustainability, and community impact.

About Wafi Energy Pakistan Limited

Wafi Energy Pakistan Limited (formerly Shell Pakistan Limited) is a licensee for Shell in Pakistan. Wafi Energy Pakistan is majority owned by Wafi Energy Holding Limited (“Wafi Holding”).

In 2024, Wafi Holding acquired an 87.78% stake in Shell Pakistan Limited, marking its entry into the Pakistani market. This transition represents more than just a change in ownership; it signals a strategic foreign GCC investment aimed at expanding the country’s energy and fuel retail industry infrastructure. It is important to note that an associated company to Wafi Holding has an agreement with Shell Brands International AG to be the sole representative of the Shell brand for fuel stations in Saudi Arabia. The strategic acquisition in Pakistan allows Wafi Holding to expand its energy business and strengthen its presence in the country, where Shell has a 77+ year history.

Wafi Energy Pakistan stands as one of the oldest and established energy partners in the industry and a leading player in the lubricants market in Pakistan. The company has a network of 600+ Shell retail sites, countrywide oil terminal facilities, Lubricants oil blending plant, and a broad portfolio of global Shell Lubricant brands including Helix, Rimula and Advance lubricants. The company is the largest private investor in the strategic White Oil Pipeline operated by Pak-Arab Pipeline Company (PAPCO). With a legacy since 1947 in the country, developing and distributing energy by land, air and sea, the company has endeavored to support Pakistan’s developmental priorities.

The investment by Wafi Holding, an Arabian Gulf company, marks a significant milestone in Pakistan’s energy sector. Wafi Holding’s entry into Pakistan’s oil marketing industry is poised to advance the competitive landscape, bringing in growth, expertise, innovative solutions, and a long-term commitment to sustainable energy development.