September 29, 2016 5:19 AM ET

Independent Power and Renewable Electricity Producers

Company Overview of Pakgen Power Ltd

Company Overview

Pakgen Power Limited owns, operates, and maintains an oil fired power station in Pakistan. The company is involved in the generation and sale of electricity. Its power station has a gross capacity of 365 MW and is located in Mehmood Kot, Muzaffargarh, Punjab. The company was formerly known as AES Pak Gen (Private) Company and changed its name to Pakgen Power Limited in November 2010. Pakgen Power Limited was incorporated in 1995 and is headquartered in Lahore, Pakistan.

1-B, Aziz Avenue

Gulberg-V

Lahore,  

Pakistan

Founded in 1995

172 Employees

Phone:

92 42 3571 7090

Fax:

92 42 3571 7239

Key Executives for Pakgen Power Ltd

Pakgen Power Ltd does not have any Key Executives recorded.

Pakgen Power Ltd Key Developments

Pakgen Power Ltd Recommends Interim Cash Dividend for the Half Year Ended June 30, 2016; Reports Earnings Results for the Second Quarter and Half Year Ended June 30, 2016

Pakgen Power Ltd. announced that at the board meeting held on August 23, 2016, the board recommended interim cash dividend of PKR 1 per share for the half year ended June 30, 2016. The share transfer books will be closed from September 24, 2016 to October 2, 2016 (both days inclusive) for entitlement of dividend. The company reported earnings results for the second quarter and half year ended June 30, 2016. For the half year, revenue was PKR 7,367,627,000 against PKR 4,401,442,000 a year ago. Profit from operations was PKR 399,411,000 against loss of PKR 288,016,000 a year ago. Profit before tax was PKR 98,622,000 against loss of PKR 455,500,000 a year ago. Profit after tax was PKR 98,622,000 against loss of PKR 455,500,000 a year ago. Earnings per basic and diluted share were PKR 0.27 against loss of PKR 1.22 a year ago. For the quarter, revenue was PKR 4,426,107,000 against PKR 1,081,998,000 a year ago. Profit from operations was PKR 514,561,000 against loss of PKR 834,873,000 a year ago. Profit before tax was PKR 346,872,000 against loss of PKR 905,872,000 a year ago. Profit after tax was PKR 346,872,000 against loss of PKR 905,872,000 a year ago. Earnings per basic and diluted share were PKR 0.94 against loss of PKR 2.43 a year ago.

Pakgen Power Ltd to Report First Half, 2016 Results on Aug 23, 2016

Pakgen Power Ltd announced that they will report first half, 2016 results on Aug 23, 2016

Pakgen Power Ltd, Board Meeting, Aug 23, 2016

Pakgen Power Ltd, Board Meeting, Aug 23, 2016, at 11:30 Pakistan Standard Time. Agenda: To consider the unaudited financial statements of the company for the half year ended June 30, 2016.

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Recent Private Companies Transactions

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