Karachi September 3 2024: Kot Addu Power Company announced final cash payout of PKR 4 per share, in addition to already announced PKR 4.5 per share, according to company filing to the exchange.
Share price of the company surge 11.9 percent since start of the current calendar year.
Company reported profit of PKR 4.3 billion during fiscal year 2024 compared to PKR 3.9 billion for fiscal year 2023. Company spent an amount of more than PKR 4.1 billion for plant maintenance and preservation despite zero electricity generation.
Company cash distribution is nearly double than its earning during the fiscal year 2024.
Company other income decline to PKR 14.6 billion from PKR 15.8 billion reported last year.
