Nishat Chunian Power Limited (NCPL): FY24 Corporate Briefing Takeaways – By Taurus Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">NCPL, operates a 200 MW power plant running on residual furnace oil (RFO) with high-speed diesel as a backup fuel. The plant achieved a capacity factor of 13.99% in FY24 (FY23: 22.52%) and dispatched 240GWh (FY23: 386GWh), with an availability factor improved from to 91.4% in FY23 to 93.8% in FY24.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">FY24 revenue stood at PKR 15.22Bn, down from PKR 18.2Bn in FY23, primarily due to reduced power generation demand.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Net profit for FY24 increased by 24%YoY to PKR 4.91Bn (FY23: PKR 3.95Bn), supported by delay in markups payment, which contributed to approximatel...