# Wafi Energy Pakistan Reports PKR 6,558 Million Nine-Month Profit and PKR 4 Dividend > Wafi Energy Pakistan posted PKR 6,558 million profit for nine months to September 30, 2026, declared a PKR 4 dividend and added 54 Shell retail sites. - Published: 2026-11-02T08:32:37+00:00 - Section: Earnings & Results - Author: News Desk - URL: https://newsforagent.com/news/2026-11-02/wafi-energy-pakistan-nine-month-profit-dividend - Source: [Business Recorder](https://www.brecorder.com/news/40447033/wafi-energy-pakistan-reports-q3-2026-results) ## Key takeaways - Wafi Energy Pakistan reported profit after tax of PKR 6,558 million for the nine months ended September 30, 2026, up from PKR 3,030 million a year earlier. - The board declared a dividend of PKR 4 per share. - The company added 54 Shell retail sites, 26 Shell Select stores and 9 Shell Recharge EV charging locations during the period. - Shell named Wafi Energy Pakistan its Shell Licensee of the Year 2025. Wafi Energy Pakistan Limited reported a profit after tax of PKR 6,558 million for the nine months ended September 30, 2026, up from PKR 3,030 million a year earlier, and declared a dividend of PKR 4 per share. [Business Recorder](https://www.brecorder.com/news/40447033/wafi-energy-pakistan-reports-q3-2026-results) reported the results on November 2, 2026. ## Wafi Energy's Retail Expansion and Shell Recognition [Wafi Energy Pakistan - Shell Licensee](https://akta.pro/company-profiles/00sr25o/wafi-energy-pakistan-shell-licensee) operates Shell-branded fuel stations, lubricants manufacturing and energy infrastructure in Pakistan, according to akta.pro [company records](https://akta.pro/company-data). The company added 54 new Shell retail sites, 26 Shell Select stores and 9 Shell Recharge electric vehicle charging locations during the nine-month period. WEPL said it continued to serve customers across its consumer and industrial lubricants businesses and that new alliances and partnerships supported growth of its retail business. The company also supported children's education through a partnership with The Dawood Foundation's MagnifiScience Centre and placed first in the IFC-Pakistan Business Council's Climate2Equal initiative for work through its Access to Energy programme, which supports women and rural communities. Shell recognized Wafi Energy Pakistan as Shell Licensee of the Year 2025 among Shell licensees worldwide, reflecting its work across the business and its operational standards, safety and customer service. [Shell](https://akta.pro/company-profiles/00002g4/shell) Lubricants Egypt separately agreed with MANDREAM to supply specialized oils and fluids for BYD vehicles, including new energy vehicles, in Egypt, Dailynewsegypt reported on October 31, 2026. Zubair Shaikh, Chief Executive Officer, said, "Over the first nine months, we have continued to grow our business and improve our position in the market." He added: "We have expanded our retail network and increased our non-fuel retail offerings to better serve our customers, despite a challenging operating environment." ## Wafi Energy's Leadership and Partnership Record Wafi Energy reappointed Ghassan Al Almoudi as Chairperson and Zubair Shaikh as CEO for three-year terms effective June 16, 2026, alongside other board continuity, according to akta.pro company records. In May 2026 the company partnered with Indus Motor Company to supply Toyota Genuine Motor Oil, including Petron Plus 10W-30 and Petron 20W-50, across Toyota's nationwide distribution and after-sales network in Pakistan. In February 2026 Wafi Energy approved the establishment of a wholly owned subsidiary in Dubai, UAE, as part of its strategy to expand business and commercial operations beyond Pakistan. ## Earlier Results and Startup Sponsorship Wafi Energy Pakistan reported a loss after tax of Rs641 million in the second quarter ended June 30, 2026, down from a Rs422 million profit a year earlier, with a loss per share of Rs3, Business Recorder reported. For the half year, it posted a Rs1,523 million profit, up 21% on Rs1,260 million. In July 2026 Wafi Energy Pakistan, formerly Shell Pakistan, sponsored the regional round of the World Startup Championship – SEE Pakistan 2026 with NED University of Engineering and Technology, attracting more than 300 student-led startups from universities across Sindh, TechJuice reported. ## Wafi Energy's Next Steps Wafi Energy Pakistan said it will continue to build on this progress while working to maintain reliable energy supply and support Pakistan's evolving energy needs. The company's [own announcement](https://www.wafi-energy.com) covers the results. ## Companies in this story - [Wafi Energy Pakistan - Shell Licensee company profile](https://akta.pro/company-profiles/00sr25o/wafi-energy-pakistan-shell-licensee) · website: https://www.wafi-energy.com - [Shell company profile](https://akta.pro/company-profiles/00002g4/shell) · website: https://www.shell.com --- News for Agent · https://newsforagent.com/llms.txt