KARACHI, Feb 13: Five companies — Hub Power Company, Karachi Electric Supply Corporation, Shell, Unilever Pakistan and JS Global — announced on Wednesday their financial results for the six months ended on December 31, 2007.

Hubco declared profit amounting to Rs1,340 million compared with Rs1,248 million in the corresponding period of the previous year. Earning per share (eps) stood at Rs1.16 and Rs1.08. The board approved interim cash dividend at Rs1.15 i.e. 11.5 per cent for the year ending June 30, 2008.

The Unilever Pakistan Limited announced net profit of Rs1,687 million translating into earning per share at Rs127, which jumped from Rs1,632 million and eps at Rs123 the previous year. The board recommended final dividend of Rs.63 per share of Rs50. Interim dividend already paid amounted to Rs60 per share.

The KESC announced a loss amounting to Rs6,276 million, which was considerably higher than the loss of Rs5,548 million, suffered during the same period last year. Loss per share increased from Re0.43 to Re0.48. It is noted that sale of energy-net increased to Rs26,176 million from Rs22,439 million in the same time last year. But down the line deterioration took place leaving the corporation in deeper deficit.

Shell Pakistan reported after-tax profit of Rs1,689 million, translating into eps at Rs30.83, which overturned loss after tax at Rs394 million and loss per share at Rs7.19 suffered in the previous comparable period. Net revenue improved to Rs61,595 million, up from Rs57,897 million in the six months to December 31, 2006. The board approved interim dividend at Rs10 per share (100 per cent) for the year ending June 30, 2008.

JS Global Capital Limited announced after-tax profit of Rs256 million and eps at Rs7.17, compared with after-tax profit at Rs134 million and eps amounting to Rs3.74 in the comparable six months of the previous year. Operating revenue rose to Rs323 million from Rs179 million. The company announced interim cash dividend at Rs5 (50 per cent) for the second quarter and half year ended on Dec 31, 2007.