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Hub Power Company (HUBC): HUBC recorded highest ever profit and dividend in FY23 – By Topline Research

  • By: Topline Securities (Private) Limited

  • - Published: Tuesday, 12 September 2023
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Hub Power Company (HUBC) announced its 4QFY23 result today wherein company reported profit to equity owners of Rs23.9bn (EPS of Rs18.4) up 241% YoY.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">This takes full-year earnings to Rs57.6bn (EPS of Rs44.4) for FY23, which is the highest ever in its history.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Along with the result, company announced final cash dividend of Rs6/share, taking total FY23 dividend to Rs30/share which is also highest ever dividend in its history.</span></li></ul><p><span>&nbsp;</span></p><p></p>

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