Altern Energy Limited has transmitted its un-audited financial statements for the three-month period ended September 30, 2026, highlighting continued operational challenges and a net loss.
- Period: Q1 FY2027 (un-audited)
- Revenue: PKR 0 (previous year: PKR 34,225M)
- Gross Loss: PKR 11.18M (previous year: PKR 27.15M)
- Net Loss After Tax: PKR 34.39M (previous year: PKR 41.43M)
- Loss per Share: PKR 0.09 (previous year: PKR 0.11)
- The company has terminated its Power Purchase Agreement and related contracts due to operational losses and lack of demand.
- Shareholders have authorized the sale of surplus power generation equipment.
- The company continues to rely on dividends from its subsidiary, Rousch (Pakistan) Power Limited, for operational support.