Oilboy Energy : Transmission of Quarterly Report for the Period Ended September 30, 2023

1st Quarter Accounts September 30, 2023

CONTENT

1. Vision and Mission Statement
2. Corporate Information
3. Director's Report
4. Auditor's Review Report
5. Unaudited Statement of Financial Position
6. Unaudited Statement of Profit and Loss
7. Unaudited Statement of Cash Flows
8. Unaudited Statement of Comprehensive Income
9. Statement of Change in Equity
10. Notes to the Financial Statements

Our mission

Our Mission is, to satisfy and meet the needs of our customers, providing our products and services with the quality catering their needs and preferences and to create value for our stakeholders through our values and principles. We are determined to respond to customer need with value added products and services. It is our belief that we can fulfill this mission through a unique combination of vision, effective supply chain management and innovative technology.

Vision Statement

To be innovative, effective and efficient in our field to the benefit of society, we will fairly compete in quality, technology, sales and marketing expertise, while ensuring sound financial and sustainable growth of the Company for the sake of its stakeholders and reputation.

Principle

We will base our human resources systems on our proven principles reflective of our core values and our commitment to attract, reward, develop and motivate sophisticated people. They will reflect the global scope of our business while demonstrating responsibility and flexibility with respect to cultural diversity, and statutory and regional business realities.

Emphasis

To be innovative in our field to the benefit of society, we will fairly compete in quality, technology, sales and marketing expertise, while ensuring sound financial and sustainable growth of the Company for the sake of its stakeholders and reputation.

Social Responsibility

We will continually strive to be environmentally responsible and support the communities where we operate and the industries in which we participate.

Corporate Values

• Total Customer Services
• Long-TermBusiness Focus
• Technology Oriented
• Quality & Reliability
• Staff Development & Teamwork
• Effective Resources & Cost Management
• Corporate Responsibility

Company Information

Board of Directors

1.	Mr. Farhan Abbas Sheikh	Chairman
2.	Ms. Fatimah Jamil	Chief Executive Officer/ Executive Director
3.	Mr. Muneeb Ahmed Khan	Non-Executive Director
4.	Mr. Saad Liaquat	Independent Director
5.	Mr. Abdul Ghaffar	Non-Executive Director
6.	Mr. Muhammad Usman Shakuat	Independent Director
7.	Ms. Farkhanda Abbas	Non-Executive Director
Board Audit Committee
Mr. Saad Liaquat	Chairman
Mr. Farhan Abbas Sheikh	Member
Mr. Abdul Ghaffar	Member
Ms. Hina Kashif	Secretary
Human Resource and Remuneration Committee
Mr. Farhaan Abbas Sheikh	Chairman
Mr. Farkhnda Abbas	Member
Mr. Muneeb Ahmed Khan	Member
Mr. Inam Ullah	Secretary
Company Secretary	Inam Ullah
Legal Advisor	Barrister Sara Seerat, Mahmood Awan & Partners
Head of Internal Auditor	Faisal Nawaz & Co Chartered Accountants
Auditors	Aamir Salman Rizwan, Chartered Accountants
Registrar	Digital Custodian Company Limited
		4-F, Perdesi House, Old Queens Road,
		Karachi.
		Phone: [phone]
		Fax: [phone]
Registered Office	5-A/1, Off: M.M. Alam Road, Gulberg-III, Lahore

Directors' report

The Directors are pleased to present the un-audited Financial Statements of the Company for the three months' period ending on September 30, 2023.

During this period, the Company has acquired following sites/petrol pumps on lease for sale and purchase of the oil/gasoline products as per principal line of business of the Company:-

1. Al Khaleel Petroleum Service, Pasrur

The sale and purchase of oil products at all the above sites has been started and the Company has started generating the revenues and the Management is confident for better return for the investors/shareholders of the Company in future.

WEB PRESENCE

Company's periodic financial statements for the current period including quarterly reports for the last three years are available on the Company's website for information of the investors. On behalf of Board of Directors of the company, I am thankful to all worthy shareholders and staff members of the company for their untiring efforts for the betterment of the company. 1st Quarter Ended Report-Sep. 30, 2023.

ACKNOWLEDGEMENTS

We wish to place on record gratitude to our valued customers for their confidence in our products and we pledge ourselves to provide them the best quality by continuously improving our products. We would also like to thank all our colleagues, management and staffs who are strongly committed to their work as the success of your Company is built around their efforts. We also thank our shareholders for their confidence in the Company and assure them that we are committed to do our best to ensure best rewards for their investment in the Company.

For and on Behalf of the Board of Directors

Director	Ms. Fatima Jamil
Dated: October 30, 2023	Chief Executive Officer
Lahore