HUBC profit rises 9% to Rs56bn, declares Rs5 dividend

According to Mettis Global, The Hub Power Company (HUBC) lifted its consolidated net profit by 9% over the 12 months through June 30, 2026, to Rs56.26bn from Rs51.77bn a year earlier. Per-share earnings attributable to shareholders of the parent rose to Rs38.26, up from Rs35.56 in the prior year. The board has also declared a final cash dividend of Rs5.00 per share, equal to 50 per cent.

Revenue from contracts fell 15% to Rs71.13bn from Rs83.35bn, while cost of revenue eased 5% to Rs41.44bn, so gross profit contracted 25% to Rs29.69bn. Lower other operating expenses, down 75% to Rs997.32m, and other income up 84% to Rs7.38bn left profit from operations 10% lower at Rs34.07bn. Finance costs also dropped 40% to Rs9.14bn, while income from associates and joint ventures rose 10% to Rs45.32bn, the largest contributor to earnings.

Profit before tax from continuing operations came to Rs69.60bn after a Rs647.10m final tax levy, a charge with no equivalent in the prior period. Taxation of Rs13.34bn left continuing operations with Rs56.26bn in profit, while discontinued activities contributed nothing this year, compared with Rs161.98m in FY25. Earnings per share from continuing operations therefore improved to Rs38.26, against Rs35.44 previously.