Islamabad: Mari Energies Limited has announced its financial results for the fiscal year ending June 30, 2025, reflecting a robust operational and financial performance despite adverse market conditions. The Board of Directors, in its meeting held on August 8, 2025, declared a final cash dividend of Rs. 21.7 per share, equivalent to 217%, with no bonus or right shares issued.

According to the financial summary provided, Mari Energies recorded net sales of Rs. 177.10 billion and a net profit of Rs. 65.10 billion, translating into earnings per share of Rs. 54.25. This performance came amidst lower hydrocarbon prices and additional wellhead payments, emphasizing the company's resilience. The profit after tax for the fiscal year 2024-25 witnessed a big move compared to the previous year's Rs. 77.30 billion.

Operational highlights for the year include an all-time high reserve-to-production ratio of 20 years, with an added 110 MMBOE of 2P reserves resulting in a Reserve Replacement Ratio of 278%. Total reserves and resources (2P+2C) reached 952 MMBOE. Hydrocarbon sales achieved a minor move with 39.13 MMBOE compared to the prior year's 39.01 MMBOE.

Noteworthy hydrocarbon discoveries were made at Spinwam-1, Soho-1, and Pateji X-1, contributing 165.9 MMBOE of new hydrocarbon resources. Early production began from the Waziristan Block in March 2025, producing significant volumes of gas and condensate. According to information available from the Pakistan Stock Exchange (PSX), these developments underscore the company's strategic growth in energy production.

In mining, MariMinerals initiated target drilling in EL-322 and 323, while expanding its minerals portfolio in the Chaghi district through acquisitions. The technology sector saw the incorporation of Mari Technologies Limited and SKY47 Limited, with construction underway for a data center in Islamabad and plans for another in Karachi.

The cash dividend will be distributed to shareholders recorded on the Register of Members by September 19, 2025, with the share transfer books closed from September 22 to September 26, 2025. The Annual General Meeting is scheduled for September 26, 2025, at the Islamabad Serena Hotel. The annual report will be available online and via PUCARS ahead of the meeting.