Saif Power Limited has released its condensed interim financial statements for the nine months ended September 30, 2026, showing a recovery in net profit compared to the previous year, despite a significant drop in revenue due to lower dispatch levels.
- Revenue for the period was PKR 4,087M, down from PKR 7,099M in the same period last year.
- Net profit reached PKR 69M, a turnaround from a net loss of PKR 161M in the corresponding period last year.
- Earnings per share improved to PKR 0.18, compared to a loss per share of PKR 0.42 in the prior year.
- Dispatch levels decreased to 3.62% from 14.53% due to the unavailability of RLNG amid regional conflicts.
- The company has fully utilized its long-term loans and running finance facilities.
- An interim cash dividend of PKR 1 per share was approved on October 26, 2026.
- The financial statements are un-audited and reflect ongoing discussions regarding RLNG charges with SNGPL and other regulatory matters.