Hub Power Company Ltd. NC Announces Generous Dividends and Positive EPS

Karachi: Hub Power Company Ltd. NC (Symbol Code: HUBC), a significant entity in the power generation and distribution industry, disclosed its financial performance for the period ending June 2023. The company’s Today’s Rate stood at 99.10 PKR, with a daily weighted average rate of 98.74 PKR, and a paid-up capital amounting to 12,971.54 million PKR. HUBC reported a robust Earnings Per Share (EPS) of 16.52 PKR for January to September 2023. The firm has been generous in its dividend distributions, announcing 120% for 2021, 65% for 2022, and a staggering 300% final dividend for 2023. With a par value of 10 PKR and a market lot of 1, the company’s shares touched a high of 89.7 PKR and a low of 57.05 PKR, resulting in a turnover of 547,717,145.