Hubco announces Rs6.5 dividend per share

MG News | January 18, 2022 at 11:10 AM GMT+05:00

0:00

January 18, 2022 (MLN): The board of directors of the Hub Power Company Limited, in its meeting held on Tuesday, January 18, 2022, has approved an interim cash dividend for the year ending June 30, 2022, at Rs.6.50 per share, that is, 65%, the company’s filing on PSX showed today.

On the financial front, the company had earned Rs7.42bn during the quarter ended September 30, 2021, when compared to a net profit of Rs3.26bn, mainly due to higher return on equity as per tariff profile, lower administrative and finance costs.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	168,062.17 222.44M	-0.49% -830.92
ALLSHR	100,418.83 533.18M	-0.47% -469.95
KSE30	51,322.39 95.56M	-0.78% -400.92
KMI30	235,325.12 71.27M	-0.62% -1468.03
KMIALLSHR	64,292.17 192.91M	-0.54% -350.28
BKTi	49,115.42 49.83M	-0.78% -388.38
OGTi	32,316.78 8.08M	-1.33% -436.77

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,185.00	67,760.00 64,325.00	-1640.00 -2.42%
BRENT CRUDE	71.88	71.96 70.69	0.12 0.17%
RICHARDS BAY COAL MONTHLY	96.00	0.00 0.00	-3.50 -3.52%
ROTTERDAM COAL MONTHLY	107.95	107.95 107.95	0.30 0.28%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	66.60	66.67 65.38	0.12 0.18%
SUGAR #11 WORLD	14.05	14.10 13.78	0.18 1.30%