Oilboy Energy : Transmission of Quarterly Report for the Period Ended March 31, 2023

OIL-BOY

ENERGY LIMITED

Financial Statements For the Quarter Ended March 31,2023

CONTENT

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

5A/1, Gulberg III, Off M.M. Alam Road, Lahore, Pakistan [phone]

www.obel.com.pk

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

5A/1, Gulberg III, Off M.M. Alam Road, Lahore, Pakistan [phone]

www.obel.com.pk

COMPANY INFORMATION

Board of Directors

1.	Mr. Farhan Abbas Sheikh	Chairman
2.	Ms. Fatima 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 Shaukat	Independent Director
7.	Ms. Farkhanda Abbas	Non-Executive Director
DIRECTORS WHO SERVED
DURING YEAR
1. Ms. Gull Zaiba Jawad	Non-Executive Director
Non-Executive Director
2.	Mr. Amir Zia
Non-Executive Director
3. Mr. Abdul Wahid Qureshi
4.	Mr. Zahid Mahmood	Non-Executive Director
Board Audit Committee
Mr. Saad Liaquat	Chairman
Mr. Farhan Abbas Sheikh	Member
Ms. Farkhanda Abbas	Member
Mr. Adeel Aslam	Secretary
Human Resource and Remuneration Committee
Mr. Farhan Abbas Sheikh	Chairman
Mr. Farkhanda Abbas	Member
Mr. Muneeb Ahmed Khan	Member
Mr. Inam Ullah	Secretary
Company Secretary	Inam Ullah
Chief Financial Officer	Ahsan Inam
Legal Advisor	Barrister Sara Seerat, Mahmood Awan & Partners
Head of Internal Auditor	Mr. Adeel Aslam

5A/1, Gulberg III, Off M.M. Alam Road, Lahore, Pakistan [phone]

www.obel.com.pk

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, Gulberg III, Off M.M. Alam Road,
	Lahore.

5A/1, Gulberg III, Off M.M. Alam Road, Lahore, Pakistan [phone]

www.obel.com.pk