HUBCO earnings drop 72% — how will this affect dividends?
The company announced a PKR 5.00 per share dividend, slightly above market expectations, thanks to strong contributions from its China Hub Power associate
HUBCO shareholders, are you disappointed?
The earnings report for FY25's second quarter showed a significant year-on-year decline of 72% in earnings per share, mainly due to a one-off provision from Narowal Energy Limited.
Despite this, the company announced a PKR 5.00 per share dividend, slightly above market expectations, thanks to strong contributions from its China Hub Power associate.
But are you confused about what this means for future dividends? Will HUBCO sustain its payouts, or is this the peak?
Watch this discussion between Nukta Presenter Shuja Qureshi and FRIM Ventures Chief of Investment Shahbaz Ashraf to find out.
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