Transmission of Quarterly Report for the Period Ended December 31, 2022 of Nishat Chunian Power Limited

Business & Finance

Karachi, Nishat Chunian Power Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended December 31, 2022 have been transmitted through PUCARS and is also available on Company’s website.

Nishat Chunian Power Limited is a public company limited by shares incorporated in Pakistan. The company is a subsidiary of Nishat Chunian Limited. The principal activity of the company is to build, own, operate and maintain a fuel fired power station. The company has a Power Purchase Agreement with its sole customer, National Transmission and Dispatch Company Limited (‘NTDCL’) for twenty five years.

The total number of shares are 367,346,939. The Earnings per share is 12.54 in 2020 which was 9.30 in 2019. The Profit After Taxation is 4,605,770,000 in 2020 which was 3,416,558,000 in 2019.