AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, November 01, 2012 (PPI-OT): Hub Power Co. Ltd. (HUBC) has announced better 1QFY13 results posting profit after tax of PKR 2,212.85 million (EPS: PKR 1.92) which is higher by 65.74% YoY as against PAT of PKR 1,335.17 (EPS: PKR 1.16) in 1QFY12.
According to Alfalah Securities Limited, the profitability of HUBC remained better mainly due to higher revenues of PKR 48.32 billion which is higher by 18.66% YoY. The company did not announce any interim dividend.