📊 Financial Report · PKGP Pakgen Power Limited has released its first quarterly report for the period ended March 31, 2026, detailing significant operational and financial challenges following the early termination of its Power Purchase Agreement (PPA).
- The company reported a loss after tax of PKR 100.34M, translating to a loss per share of PKR 0.52, compared to a profit of PKR 37.40M and EPS of PKR 0.10 in the same quarter last year.
- Revenue from contracts with customers was zero, down from PKR 925.41M in Q1 2025, reflecting the cessation of its primary revenue stream.
- Total equity decreased to PKR 14,042.97M from PKR 15,323.40M as of December 31, 2025.
- The company holds surplus funds of approximately PKR 11,975M, primarily in mutual funds and cash, to support ongoing operations and a proposed strategic investment in Rafhan Maize Products Company Limited.
- An Alternate Business Plan has been approved, involving the sale of assets to reposition the company for future operations.
- The report is un-audited and covers the first quarter of 2026.
About this brief: prepared automatically by BSL’s research systems from the company’s filing with the exchange. A summary for information, not investment advice — the original filing is the authoritative record.
Original filing (PDF)