Karachi, March 02, 2026 – The Board of Directors of Wafi Energy Pakistan Limited (WEPL) announced the company’s financial results for the year ended December 31, 2025. The company reported a profit after tax of PKR 3.54 billion, an increase of 7.5% compared with the same period last year. This marks Wafi Energy’s first year in Pakistan, shaped by strong performance, disciplined expansion, and strategic investment.
In 2025, Wafi Energy expanded its Shell retail network, adding 35 new Shell retail sites, including a second eco-friendly Shell site built with recycled plastic, bringing the Shell retail network to over 680 sites nationwide. The Lubricants business continued strong performance across both consumer and industrial segments. Wafi Energy and OEM partnerships were strengthened, and the mining portfolio expanded, alongside growth in indirect and process oil segments.
Commenting on the results, Zubair Shaikh, Chief Executive Officer, said, “We delivered a strong business performance in 2025 and importantly, we did so while investing to grow. Our focus through the year was clear – to expand in priority growth areas, establish Wafi Energy in Pakistan and strengthen the Shell customer experience. In 2026, our ambition is to accelerate growth, build shareholder value and continue investing in the energy future for Pakistan.”
In 2026, Wafi Energy Pakistan Limited remains focused on operational excellence, growth, and generating shareholder value. Last year, the Board in-principle authorized management to explore potential investment and acquisition opportunities in the oil marketing sector. The company is also advancing its investment strategy by planning a Dubai-based subsidiary to expand commercial activities and strengthen its regional presence. This strategic move underscores Wafi Energy’s commitment to sustainable growth and expanding its footprint.
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