Hubco posts flat earnings

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KARACHI: Hub Power Company Ltd (Hubco) posted a profit after tax (PAT) of Rs11.24 billion for FY19 ended June 30 translating into earnings per share (EPS ) of Rs9.37, slightly higher over the previous year’s PAT of Rs11.06 and EPS of Rs9.23.

As per expectations, the company did not announce any cash dividend along with its 4Q results due to liquidity constraints.

Published in Dawn, September 13th, 2019

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