HUB Power | Gross Loss in Q2

For the latest quarter, Q2 ending Dec2024, Hub Power (PSX: HUBC) posted a profit of Rs. 4.5 per share and declared a cash dividend of Rs. 5 per share.

This quarter, HUBCO showed a gross loss of Rs. 516 million. The income was primarily from dividend income of Rs. 8.3 billion that HUBCO recorded this quarter.

This brings the net income of HUBC to a total of Rs. 25.1 per share for the last four quarters, while the total cash distribution over the last four quarters was Rs. 16 per share.

The cumulative net income of the last four quarters stands at 13% lower compared to the cumulative total of the prior four quarters.

As of the week ending 21 Feb 2025, HUBC overperformed the KSE100 by 3% over the past 3 months. However, over the past 1 year, HUBC has lagged behind the KSE100 by 69%.

Indices Weighting: KSE100 Index—Medium; KSE30 Index—High; KMI30—High.

https://dps.psx.com.pk/download/document/248230.pdf

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