The Hub Power Company Limited has released its unaudited financial results for the first quarter ended September 30, 2026, showing a positive performance compared to the same period last year.
- Consolidated net profit for the quarter was PKR 12,786.28M, with an EPS of PKR 9.86, up from PKR 11,628.49M and PKR 8.96 respectively in Q1 2025.
- Unconsolidated net profit reached PKR 8,118.43M, resulting in an EPS of PKR 6.26, compared to PKR 7,894.02M and PKR 6.09 in the previous year.
- Revenue from contracts with customers increased to PKR 22,108.61M, compared to PKR 17,397.17M in the same quarter last year.
- The increase in profits is attributed to higher income from associates, improved short-term investments, and reduced finance costs.
- Total assets as of September 30, 2026, stood at PKR 432,971.86M, while total liabilities were PKR 164,173.13M, indicating a healthy balance sheet.
- The company continues to focus on growth and diversification, with ongoing projects in the energy sector and electric vehicle market.