Hub Power Co. Ltd (HUBC PA) ne apne Corporate Briefing session mein 1HFY24 ke performance par discussion ki. HUBC ne 2QFY24 mein PKR11.78 ka EPS declare kiya, jo ke 11% gir gaya. Is decline ka sabab Poor Performance from Associates hai.
CPHGC ne pehli dafa US$70mn ya PKR20bn ka dividend issue kiya 2Q mein, HUBC ka hissa US$32mn.
HUBC ka base plant October 2022 se unutilized hai. HUBC ne K-Electric ke saath MOU sign kiya hai takay base plant ko Thar coal ka istemal karne wala banaya ja sake.
TEL aur TNTPL ke Project completion dates (PCD) abhi tak pending hain. SECMC ne Phase-2 mukammal kiya hai aur Phase-3 ko 2024 tak mukammal karne ka irada hai.
HUBC EV segment mein opportunities dhoond raha hai lekin yeh project subdued demand ki wajah se delay ho sakta hai. HUBC parpositive views hai kyunke unke projects commercially operational hain aur future earnings ko behtar banane ka imkan hai. Scrip par Buy rating hai jiska TP PKR140/sh hai.
