HUBC reports 31% decline in profit for FY25
.png?width=950&height=450&format=Webp)
MG News | September 03, 2025 at 11:50 AM GMT+05:00
September 03, 2025 (MLN): The Hub Power Company
(PSX: HUBC) has released its consolidated financial results for the year ended
June 30, 2025, reporting a significant decline in profitability.
The company’s Net Profit for the Year decreased by 31.2%,
falling to Rs51.77bn
from Rs75.30bn
in the previous fiscal year.
This decline was primarily driven by early termination of power
purchase agreement of Hub plant.
The company's Profit from Operations saw a substantial drop
of 43.5%, amounting to Rs38.04bn
compared to Rs67.36bn
in FY24.
This was largely a result of a 36.1% decrease in Revenue
from contracts with customers, which fell from Rs130.5bn in FY24 to Rs83.35bn in FY25.
Additionally, despite a decrease in Cost of revenue, the
gross profit still declined by 41.7%.
A major contributing factor to the reduced profitability was
the 43.0% decrease in Finance costs, which stood at Rs 15.23bn compared to Rs26.74bn in FY24.
The company's Share of profit from associates and joint
ventures also saw a decline of 16.3% while taxation for the year amounted to Rs12.5bn.
Basic and diluted earnings per share (EPS) attributable to
owners of the holding company followed the same trend, decreasing by 34.1% to
Rs35.56 from Rs53.98 in the previous year.
|
CONSOLIDATED
STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED JUNE 30, 2025 (Rs.000) |
|||
|
Description |
FY25 |
FY24 |
change% |
|
CONTINUING
OPERATIONS |
|||
|
Revenue
from contracts with customers - net |
83,351,492 |
130,525,533 |
-36.1% |
|
Cost of
revenue |
(43,527,604) |
(62,179,577) |
-30.0% |
|
GROSS
PROFIT |
39,823,888 |
68,345,956 |
-41.7% |
|
General
and administration expenses |
(1,960,726) |
(2,161,796) |
-9.3% |
|
Other
income |
4,021,179 |
3,304,801 |
21.7% |
|
Insurance
claim against alternator damage and consequent loss of revenue |
- |
320,319 |
|
|
Other
operating expenses |
(3,848,630) |
(2,452,182) |
56.9% |
|
PROFIT
FROM OPERATIONS |
38,035,711 |
67,357,098 |
-43.5% |
|
Finance
costs |
(15,230,753) |
(26,743,574) |
-43.0% |
|
Share
of profit from associates and joint ventures - net |
41,310,192 |
49,360,882 |
-16.3% |
|
PROFIT
BEFORE TAXATION FROM CONTINUING OPERATIONS |
64,115,150 |
89,974,406 |
-28.7% |
|
Taxation |
(12,502,566) |
(14,656,150) |
-14.7% |
|
PROFIT
FOR THE YEAR FROM CONTINUING OPERATIONS |
51,612,584 |
75,318,256 |
-31.5% |
|
DISCONTINUED
OPERATIONS |
|||
|
Profit
/ (loss) from discontinued operations |
161,977 |
(20,874) |
|
|
NET
PROFIT FOR THE YEAR |
51,774,561 |
75,297,382 |
-31.2% |
|
EARNINGS
PER SHARE (BASIC AND DILUTED) - RUPEES |
|||
|
-
Continuing operations |
35.44 |
53.98 |
-34.3% |
|
-
Discontinued operations |
0.12 |
0 |
|
|
Basic
and diluted earnings per share attributable to owners of the holding company
(Rupees) |
35.56 |
53.98 |
-34.1% |
Related News
_20260606124224963_473c6c.jpeg?width=280&height=140&format=Webp)
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 170,478.94 174.95M | -0.41% -696.57 |
| ALLSHR | 102,885.54 725.60M | -0.29% -297.60 |
| KSE30 | 50,877.61 79.52M | -0.67% -344.88 |
| KMI30 | 243,917.86 73.26M | -0.62% -1524.88 |
| KMIALLSHR | 66,743.35 311.96M | -0.35% -234.16 |
| BKTi | 46,317.47 21.24M | -0.81% -377.00 |
| OGTi | 35,218.63 5.39M | -1.33% -473.03 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 60,865.00 | 62,405.00 59,600.00 | 350.00 0.58% |
| BRENT CRUDE | 92.78 | 95.90 92.67 | -2.25 -2.37% |
| RICHARDS BAY COAL MONTHLY | 122.00 | 122.00 121.00 | -0.75 -0.61% |
| ROTTERDAM COAL MONTHLY | 134.35 | 138.25 134.00 | 0.30 0.22% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 90.25 | 93.63 89.68 | -2.79 -3.00% |
| SUGAR #11 WORLD | 14.12 | 14.50 14.09 | -0.15 -1.05% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Trade Balance
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|