Karachi, Arshad Energy Limited informed Pakistan Stock Exchange that current furnace prices are not for the plant operations, hence, the plants are still having no production.
Arshad Energy Limited is a public limited company incorporated in Pakistan on 20 February 1994. The Company is engaged in the business of generation and distribution of electricity through furnace fired power station having gross capacity of 12 MW in Tehsil Jaranwala, District Faisalabad, and Punjab, Pakistan.
The total numbers of shares are 8,000,000. The Earnings per share is (3.23) in 2020 which was (1.96) in 2019. The Company had a loss of Rs. 25,859,000 in 2020 which was 15,684,000 in 2019.