Pakgen Power Limited, now known as Pakgen Limited, has released its half-yearly financial report for the period ended June 30, 2026. The company has transitioned from power generation to an investment-focused business model following the termination of its Power Purchase Agreement.
- The report covers the half-year period ended June 30, 2026, and is un-audited.
- Revenue for the period was PKR 405.64M, down from PKR 756.28M in the same period last year.
- The company reported a loss after tax of PKR 88.21M, an improvement from a loss of PKR 412.12M in the previous year.
- Loss per share (EPS) for the period is PKR 0.46, compared to PKR 1.11 in the corresponding period last year.
- Significant investment: Acquired 6.69% stake in Rafhan Maize Products Company Limited for approximately PKR 6,064.38M.
- Total equity as of June 30, 2026, stands at PKR 14,056.81M, down from PKR 15,323.40M at the end of 2025.
- The company has initiated the disposal of legacy power-generation assets as part of its new business strategy.
- Cash and bank balances decreased to PKR 17.63M from PKR 26.42M at the end of the previous period.