Lahore: Kohinoor Power Company Limited has released its financial performance report for the third quarter ending March 31, 2025. The report indicates a significant decline in both revenue and net profit compared to the same period last year.
The company's revenue for the period stands at Rs. 4.131 million, a sharp decrease from Rs. 9.756 million recorded in the corresponding period of the previous year. Gross profit also saw a decline, with the company earning Rs. 1.158 million compared to Rs. 3.923 million in the prior year.
Net profit for the quarter was reported at Rs. 0.789 million, down from Rs. 2.065 million in the same period last year. The company attributed this reduction primarily to a decrease in rental income. Earnings per share (EPS) also fell, from Rs. 0.16 last year to Rs. 0.06 this year.
Kohinoor Power Company Limited operates within the designated market category of power generation. According to information available from the Pakistan Stock Exchange (PSX), the company's financial performance reflects challenges faced in maintaining revenue streams.
The report also provided details about the company's board committees. The Audit Committee is chaired by Mrs. Sadaf Kashif, with Mr. Muhammad Omer Farooq and Mr. Muhammad Athar Rafiq serving as members. The HR & Remuneration Committee also has Mrs. Sadaf Kashif as Chairman, with Mr. M. Naseem Saigol and Mr. Muhammad Zeid Yousuf Saigol as members.
The board extended its gratitude to shareholders for their continued support and expressed appreciation for the dedication of its employees, expressing hope for continued commitment in the future.