The Hub Power Company Limited (HUBC) is set to announce its 9MFY25 financial results on Apr 29th, 2025. We anticipate the company to report consolidated earnings of PKR 34.6 billion (EPS: PKR 26.67) for 9mfy25, marking a 30% year-over-year (Yoy) decrease compared to the same period last year (SPLY). For 3QFY25, we expect a consolidated profit after tax of PKR 11.3bn (EPS: PKR 8.68), reflecting a 34% YoY decline compared to PKR 17.2bn (EPS: PKR 13.25) in SPLY.

The top line is projected to decline by 48% year-over-year (Yoy) in 3qfy25 due to the termination of the Power Purchase Agreement for the Hub base plant. However, other income is expected to increase by 28% YoY.

The finance cost for 3qfy25 is forecasted to decrease by 44% year-over-year (Yoy), settling at PKR 3.7 billion due to lower interest rates and lower levels of short-term borrowings. Additionally, the share of profit for 3qfy25 is expected to decrease by 2% year-over-year (Yoy), reaching PKR 11.8 billion compared to PKR 12.1 billion in the same period last year.

We also anticipate a dividend payout of PKR 2.50 per share for 3qfy25.

Courtesy – AHL Research