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KAPCO Payout Disappoints Investors Once Again: PSX

admin-augaf by admin-augaf
January 26, 2022
in Business, Finance
Reading Time: 1 min read
0
KAPCO Withdraws Case Against Government As Part Of PPA Extension

KAPCO Withdraws Case Against Government As Part Of PPA Extension

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Karachi January 25 2022: Kot Addu Power Company (KAPCO) in a special meeting announced an interim Cash dividend for the year ending June 30 2022 at PKR 4 per share.

The share dropped PKR 1 or 2.83 percent to close the trading session at PKR 34.35 per share.


A L S O || R E A D


Fauji Food Loss Decreased By 59 Percent In 2021: PSX


On November 29 2022, the company received PKR 59.4 billion from the power purchaser in the form of one-third in cash, one-third Government Ijarah Sukuk, and one-third Pakistan Investment Bond. This constitutes the second installment of 60 percent of receivables at the cut-off date of November 30, 2020.

Source: PSX

Related Posts

NEPRA Issued Show cause Notice To KAPCO For Extension In PPA

NEPRA Renewed Generation License of Kot Addu Power Plant

KAPCO Optimistic in Extension of PPA for Five Years as Previous Term Ends Today

KAPCO Announced Unexpected Payout of PKR 4 per share for the Full Year


Tags: KAPCO
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