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Markets

HUBCO reports higher profit

Published April 26, 2012 Updated April 26, 2012 11:19am

KARACHI: Hub Power Company Ltd (HUBCO) has reported a high profit of Rs 4.972 billion during nine months ending March 31, 2012.

According to the financial results sent to KSE here Thursday, the gross profit of the company surged to Rs 10.646 billion during the period under review compared to Rs 6.483 billion in the same period last year.

The earning per share also improved to Rs 4.30 compared to Rs 3.70 in 2011.

Copyright Associated Press, 2012

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