HUBC Q1 Profit Climbs to Rs. 12.8 Billion

Meanwhile, the Hub Power Firm Limited (HUBC) noted a net profit of Rs.

Key points

• The effective tax rate in 1QFY27 was recorded at 24.7 percent, compared with 19.3 percent in 1QFY26 and 1.4 percent in the previous quarter.
• 5 per share for 1QFY27, backed by dividend inflows, mainly from China Power Hub Generation Business (Private) Limited (CPHGC), according to channel checks.
• The Hub Power Firm Limited (HUBC) noted a net profit of Rs.
• Finance costs declined 13 percent year over year, driven by continued loan repayments related to CPEC investments and the impact of lower interest rates.
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Meanwhile, the Hub Power Firm Limited (HUBC) noted a net profit of Rs. 12.8 billion in the first quarter of fiscal year 2027, up 10 percent year over year.

Earnings per share (EPS) stood at Rs. 9.86. On a quarter-over-quarter basis, earnings declined due to a 1 percent decline in gross profit, a lower effective tax rate booked in the previous quarter, and a lower share of associates' profit.

HUBC declared a dividend of Rs. 5 per share for 1QFY27, backed by dividend inflows, mainly from China Power Hub Generation Business (Private) Limited (CPHGC), according to channel checks. Standalone dividend income during the quarter stood at Rs. 9.70 billion, equivalent to Rs. 7.48 per share. Mohmand Dam Will Now Cost Rs. 666 Billion.

HUBC's consolidated revenue rose 27 percent year over year to Rs. 22.1 billion, driven by higher plant utilization. While CPHGC operated at around 99 percent utilization against the backdrop of RLNG supply disruptions and seasonal demand, nEL's utilization rose to 18 percent in 1QFY27 from 4 percent in 1QFY26.

While LEL's utilization rose sharply to 31 percent from 10 percent in the same period last year, TEL and TNPTL maintained utilization rates of 88 percent and 83 percent, respectively.

Notably, the share of profit from associates stood at Rs. 12.7 billion in 1QFY27, compared with Rs. 13.0 billion in 4QFY26 and Rs. 10.8 billion in 1QFY26, exceeding expectations. Although earnings remained elevated, the quarter over quarter decline primarily reflected earnings normalization at CPHGC, TNPTL and PRIME.

Notably, the effective tax rate in 1QFY27 was recorded at 24.7 percent, compared with 19.3 percent in 1QFY26 and 1.4 percent in the previous quarter. Stay Connected with ProPakistani.

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In short, HUBC Q1 Profit Climbs to Rs. 12.8 Billion is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.