Lahore: Sui Northern Gas Pipelines Limited (SNGPL) has announced its financial results for the year ended June 30, 2025, reporting a final cash dividend of Rs. 3.00 per share, equating to 30%. This announcement was made following a meeting of the Board of Directors on November 1, 2025. The dividend is set to benefit shareholders listed in the Register of Members by November 20, 2025.
For the financial year 2025, SNGPL’s revenue from contracts with customers totaled Rs. 1,332.32 billion, with an additional tariff adjustment of Rs. 76.23 billion, culminating in a total revenue and tariff adjustment of Rs. 1,408.55 billion. The company’s gross profit stood at Rs. 110.25 billion. According to information available from the Pakistan Stock Exchange (PSX), SNGPL’s profit for the year reached Rs. 14.59 billion, with an earnings per share of Rs. 23.01. This represents a big move in the company’s financial performance.
However, the auditors, Mks A.F Ferguson & Co. Chartered Accountants, have expressed a qualified opinion due to non-compliance with certain presentation requirements of IFRS 14. They highlight that the settlement of circular debt, including tariff adjustments, hinges on the resolution of intercorporate balances by the Government of Pakistan and potential adjustments in gas prices or subsidies.
The company’s financial position as of June 30, 2025, shows total assets amounting to Rs. 1,681.65 billion, with equity and reserves totaling Rs. 70.65 billion. SNGPL’s next Annual General Meeting is scheduled for November 27, 2025, at the Pearl Continental Hotel in Lahore.
The announcement follows a year of significant financial transactions, including the distribution of dividends for previous years and comprehensive income adjustments. Despite the qualified opinion from auditors, the company asserts that the qualification pertains to presentation aspects and does not impact its profit or regulatory deferral account balances.