Trends - HUBCO - Business Recorder

HUBCO

Implementation Agreement: Hubco urges govt not to withdraw IT exemption

ISLAMABAD: Hub Power Company (Hubco) has urged the federal government not to withdraw income tax exemption available...

Updated 20 Jun, 2022 09:56am

LPTL seeks permanent exemption from IFRS-9

ISLAMABAD: Following the footsteps of M/s Hub Power Company (Hubco), the Liberty Power Tech Ltd (LPTL) has also...

Updated 20 May, 2022 10:22am

Eid holidays may disturb oil supplies: Power plants: furnace oil arranged for May

ISLAMABAD: The Petroleum Division has arranged 281,000 MMT furnace oil for May 2022 for the power sector to be...

Updated 01 May, 2022 09:04am

Acute fuel shortage: Hubco on the verge of shutdown

ISLAMABAD: M/s Hub Power Company (Hubco) has once again raised the issue of acute shortage of RFO in the country and...

Updated 27 Apr, 2022 10:40am

Business & Finance

Hubco's Narowal Plant engines develop fault, electricity generation halted

Hub Power Company Ltd (HUBCO) in its notice to the Pakistan Stock Exchange (PSX) on Friday informed that its two...

Published 04 Mar, 2022 05:12pm

PSO: power sector key defaulter

ISLAMABAD: The circular debt of Pakistan State Oil (PSO) has reached all-time high at Rs425.446 billion by ...

Published 01 Jan, 2022 04:07am

Pakistan

‘Professional jealousy’ behind allegations: Acting MD NTDC

LAHORE: Acting Managing Director (MD) National Transmission & Despatch Company (NTDC) Manzoor Ahmad has claimed...

Published 10 Dec, 2021 04:29am

Pakistan

US CG visits Hubco power plant

KARACHI: United States Consul General Mark Stroh traveled to Hub, one of the largest industrial cities of...

Published 04 Dec, 2021 04:23am

PSO receivables hit Rs402.863bn mark

The company announced its highest-ever after-tax profit of Rs29 billion for financial year 2020-21

Updated 28 Nov, 2021 10:01am

Circular debt of PSO soars to all-time high

ISLAMABAD: The circular debt of Pakistan State Oil (PSO) has reached all-time high of Rs397.5 billion in November....

Published 19 Nov, 2021 04:35am

Inefficient power, RLNG sectors: PSO receivables hit Rs380.464bn mark

ISLAMABAD: Pakistan State Oil's (PSO) receivables have touched Rs380.464 billion due to inefficient power and RLNG...

Updated 07 Nov, 2021 02:37pm

Markets

KE’s results belie enormity of power sector challenges

K-Electric’s recent submission of its financial results to the PSX reported a profit of PKR 11.9 billion, a...

Published 16 Sep, 2021 04:02am

Business & Finance

Hubco's full-year consolidated profit surges 33.7%

12-month EPS reported at Rs25.97

Published 30 Aug, 2021 12:31pm

Opinion

The FO 'imbroglio'

LNG has become expensive exceeding USD 15.0/mmBtu and price scenario remains uncertain for the coming winter. ...

Published 21 Aug, 2021 04:21am

Opinion

The intractable energy sector

Decades long poor planning and flawed policies in the energy sector have finally brought matters to a head and until...

Published 16 Aug, 2021 05:59am

Power Division likely to decide future of Hubco next week

ISLAMABAD: The Power Division (PD) is likely to decide the future of 1200 MW Hub Power company (Hubco) next week as...

Updated 15 Aug, 2021 10:33am

Power projects: Chinese companies refuse request to review rate of return

Pakistan approached not only the Chinese government but also Chinese companies individually, requesting them to sit with Power Division’s top brass for review of Power Purchase Agreements and rate of return

Updated 13 Aug, 2021 10:39am

Lt-Gen Asim Bajwa (retd) quits: Mansoor appointed SAPM to ‘fast-track’ CPEC projects

Bajwa, who attended a meeting of the Steering Committee on CPEC on August 2, had no inkling of Mansoor’s appointment as SAPM

Updated 04 Aug, 2021 09:49am

Pakistan

Khalid Mansoor, ex-Hubco, replaces Asim Bajwa as SAPM on CPEC Affairs

Mansoor resigned from his position as CEO of The Hub Power Company in July
Bajwa says course is set for future progression of CPEC

Updated 03 Aug, 2021 09:38pm

SPA with KE, revised agreements with IPPs: Senate body expresses annoyance at PD’s failure to furnish copies

ISLAMABAD: Senate Standing Committee on Power on Thursday expressed annoyance at Power Division’s failure to...

Published 09 Jul, 2021 02:11am

Business & Finance

Kamran Kamal appointed new CEO of Hubco

KARACHI: HUBCO, Pakistan’s largest IPP has announced the appointment of Kamran Kamal as its new CEO. Kamran has...

Published 01 Jul, 2021 04:09am

Pakistan

President directs to explore possibilities to end water shortage in Karachi

The president also directed to explore the possibilities of having a desalination plant. besides other necessary steps and arrangements to overcome water shortage problem.

Updated 17 Jun, 2021 11:14pm

Pakistan

Khalid Mansoor parts ways with Hubco

ISLAMABAD: After eight enterprising years with Hubco, Khalid Mansoor, CEO Hub Power Company Limited, has decided to...

Published 09 Jun, 2021 03:29am

Ministry may pay first instalment to 35 IPPs by weekend

ISLAMABAD: Ministry of Finance is likely to pay the first instalment of Rs90 billion to 35 Independent Power...

Published 31 May, 2021 03:12am

PD has put payment to IPPs on ice

ISLAMABAD: Power Division is said to have put payment of first installment of Rs 403 billion amount agreed with the...

Updated 08 Apr, 2021 09:50am

Editorials

Missed payment to IPPs

EDITORIAL: Just how good does the government look now that it has missed its first payment of about Rs85 billion to...

Published 03 Apr, 2021 03:41am

Pakistan

LDA City: Chinese co-led consortium to construct Naya Pakistan apartments

LAHORE: A Chinese company-led consortium is set to construct Naya Pakistan apartments in LDA City as the Lahore...

Updated 12 Mar, 2021 10:08am

Business & Finance

HUBCO subsidiary to acquire all upstream operations of ENI in Pakistan

Furthermore, the company will also acquire renewable energy assets owned by Eni in Pakistan.

Published 08 Mar, 2021 04:09pm

BR Research

HUBC – good things adding up

Hub Power Company Limited’s (PSX: HUBC) has been benefitting from its diversification strategy in times when IPPs...

Published 04 Mar, 2021 07:35am

Business & Finance

HUBCO, CPPA enters into payment of overdue receivables agreement

Under the Agreement, the payment of overdue receivables is an integral part of the Agreement and the payment mechanism envisaged is two instalments, with 40% of the overdue receivables payable within 30 business days of signing the Agreement.

Published 02 Feb, 2021 03:46pm

Gainers
Losers
Leaders

Stock	Price
Agritech Limited / Jun 30 Agritech Limited(AGL)	6.65 ▲ 1.00 (17.70%)
Kohinoor Power / Jun 30 Kohinoor Power Company Limited(KOHP)	4.05 ▲ 0.57 (16.38%)
Unicap Modaraba / Jun 30 Unicap Modaraba(UCAPM)	1.90 ▲ 0.24 (14.46%)
First Tri-Star Mod. / Jun 30 First Tri-Star Modaraba(FTSM)	8.00 ▲ 1.00 (14.29%)
Askari Life Assur. / Jun 30 Askari Life Assurance Company Limited(ALAC)	6.29 ▲ 0.78 (14.16%)
First AL-Noor Mod. / Jun 30 First Al-Noor Modaraba(FANM)	3.62 ▲ 0.39 (12.07%)
Bawany Air Products / Jun 30 Bawany Air Products Limited(BAPL)	9.50 ▲ 1.00 (11.76%)
Int. Knit. / Jun 30 International Knitwear Limited(INKL)	10.00 ▲ 1.00 (11.11%)
786 Invest Ltd / Jun 30 786 Investments Limited(786)	5.33 ▲ 0.51 (10.58%)
Shaheen Ins. / Jun 30 Shaheen Insurance Company Limited(SHNI)	3.40 ▲ 0.28 (8.97%)

Stock	Price
Elite Cap.Mod / Jun 30 First Elite Capital Modaraba(FECM)	2.70 ▲ -0.30 (-10.00%)
Jubilee Spinning / Jun 30 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	3.01 ▲ -0.29 (-8.79%)
Dewan Sugar / Jun 30 Dewan Sugar Mills Limited(DWSM)	2.19 ▲ -0.20 (-8.37%)
Orient Rental / Jun 30 Orient Rental Mod(ORM)	7.35 ▲ -0.63 (-7.89%)
Olympia Mills / Jun 30 Olympia Mills Limited(OML)	16.65 ▲ -1.35 (-7.50%)
Baba Farid / Jun 30 Baba Farid Sugar Mills Limited(BAFS)	44.50 ▲ -3.60 (-7.48%)
Shams Textile / Jun 30 Shams Textile Mills Limited(STML)	45.24 ▲ -3.66 (-7.48%)
Pak Hotels / Jun 30 Pakistan Hotels Developers Limited(PHDL)	135.00 ▲ -10.64 (-7.31%)
Chakwal Spinning / Jun 30 Chakwal Spinning Mills Limited(CWSM)	1.72 ▲ -0.13 (-7.03%)
AEL Textile / Jun 30 AEL Textile Limited(AEL)	14.00 ▲ -1.05 (-6.98%)

Stock	Volume
K-Electric Ltd. / Jun 30 K-Electric Limited(KEL)	17,294,500 ▼ 0.00
Agritech Limited / Jun 30 Agritech Limited(AGL)	13,786,500 ▼ 0.00
Fauji Cement / Jun 30 Fauji Cement Company Limited(FCCL)	12,055,500 ▼ 0.00
WorldCall Telecom / Jun 30 Worldcall Telecom Limited(WTL)	9,392,000 ▼ 0.00
Pak Refinery / Jun 30 Pakistan Refinery Limited(PRL)	7,985,160 ▼ 0.00
Pak Elektron / Jun 30 Pak Elektron Limited(PAEL)	7,070,000 ▼ 0.00
Pak Int.Bulk / Jun 30 Pakistan International Bulk Terminal(PIBTL)	6,848,500 ▼ 0.00
TPL Properties / Jun 30 TPL Properties Limited(TPLP)	6,408,040 ▼ 0.00
Pak Petroleum / Jun 30 Pakistan Petroleum Limited(PPL)	6,018,939 ▼ 0.00
Cnergyico PK / Jun 30 Cnergyico PK Limited(CNERGY)	6,008,471 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 29	205.50
USD PKR Interbank Buying / Jun 29	205.30
USD to Japanese Yen / Jun 29	136.63
USD to Swiss Franc / Jun 29	0.95
Pound Sterling to USD / Jun 29	1.21
Euro to USD / Jun 29	1.05
UK LIBOR % / Jun 29	1.57

Stock	Volume
S&P 500 / Jun 29	3818.83
India Sensex / Jun 29	53026.97
Tokyo Nikkei / Jun 29	26536.82
Nasdaq / Jun 29	11177.89
Hang Seng / Jun 29	22058.97
FTSE 100 / Jun 29	7312.32
Dow Jones / Jun 29	31029.31
Germany DAX 30 / Jun 29	13003.35
France CAC40 / Jun 29	6031.48

Item	Value
Crude Oil USD/Barrel / Jun 29	110.28
Karachi Cotton PKR/37.32 KG / Jun 29	18480.00
Gold 10 Grams PKR / Jun 29	121700.00
Gold Spot USD/Ounce / Jun 29	1820.88
Cotton US¢/pound / Jun 29	96.60

HUBCO

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