KOHE FY26 profit edges up 3%

Mettis Global reported that Kohinoor Energy Limited (PSX: KOHE) lifted consolidated net profit by 3% in the year to June 30, 2026, to Rs743.64m from Rs723.86m a year earlier. Earnings per share rose to Rs4.39 from Rs4.27, helped by a 69% drop in finance costs to Rs105.17m from Rs343.13m. Revenue from customer contracts climbed 47% to Rs6.36bn, but cost of sales rose 74% to Rs5.20bn.

Gross profit fell 14% to Rs1.16bn from Rs1.35bn as costs outran sales growth. Administrative expenses increased 16% to Rs312.66m, and other income dropped 89%, leaving operating profit 21% lower at Rs850.13m. Profit before taxation edged up 2% to Rs744.10m, while the tax charge fell 80% to Rs457 thousand. Other operating expenses came to Rs349 thousand in the year.