Lahore: Pakgen Power Limited revealed its financial outcomes for the third quarter ending September 30, 2025, marking a notable decline compared to the previous year’s performance. In a board meeting held on October 24, 2025, the directors confirmed the absence of any cash dividends, bonus shares, right shares, or other entitlements for this period.
The company reported a total comprehensive loss of 296.09 million rupees for the nine-month period ending September 30, 2025, a stark contrast to the profit of 6.20 billion rupees recorded for the same period in 2024. This represents a very large or significant move in the company’s financial standing. Earnings per share also declined, moving from 16.66 rupees in the previous year to a loss of 0.80 rupees per share this year.
According to information available from the Pakistan Stock Exchange (PSX), Pakgen Power Limited’s revenue from contracts with customers experienced a considerable drop, totaling 925.41 million rupees for the nine months ending September 2025, down from 10.81 billion rupees in the same period last year. The cost of sales and administrative expenses further compounded the financial challenges facing the company, impacting overall profitability.
The financial report also highlighted the company’s operating cash flow, which saw a significant increase to 16.02 billion rupees from 3.75 billion rupees in 2024. However, the net cash used in financing activities, primarily due to dividend payments, amounted to 737.84 million rupees.
The company’s financial position at the close of the period showed cash and cash equivalents rising to 22.04 billion rupees, compared to 7.62 billion rupees at the end of September 2024. This increase in liquidity, however, did not offset the reported losses during the period.
Pakgen Power Limited’s third-quarter financial results underscore the challenges faced by the company in the current economic climate, with significant declines in key financial metrics necessitating strategic responses to restore profitability and shareholder value.