OGDCL Sees 16% Profit Decline in Q1 FY25 Amid Lower Sales and Production Challenges

The Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest oil and gas exploration firm, reported a significant 16% decline in profit for the first quarter of fiscal year 2025, attributing the decrease to reduced sales volumes and fluctuating production levels. Despite ongoing efforts to streamline costs, the decline in revenue has had a noticeable […]