KARACHI: Hub Power Company (HUBCO) has posted a lower profit after tax of Rs 2.799 billion for the half year ending December 31, 2010 and declared an interim cash dividend of Rs 2.5 per share.

According to financial results despatched to KSE here Tuesday, pre-tax profit also declined to Rs2.810 billion compared to Rs2.817 in the same period last year.

The earning per share dropped to Rs2.43 during the period under review as against Rs 2.44 in 2009.