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Nishat Chunian Power Limited (NCPL): Corporate Briefing Notes – By Chase Research

  • By: Chase Securities Pakistan (Private) Limited

  • - Published: Friday, 22 November 2024
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Nishat Chunian Power Limited (NCPL) reported a net profit of PKR 4.91 billion (EPS: PKR 13.37) in FY24, compared to PKR 3.96 billion (EPS: PKR 10.77) in the same period last year (SPLY).</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Revenue for FY24 stood at PKR 15.22 billion, reflecting a 16% YoY decline compared to PKR 18.22 billion in FY23</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">NCPL incurred a penal interest of PKR 1.56 billion on receivables. The management stated that the dispute regarding PKR 8.3 billion in trade debts is expected to be resolved soon, either by the end of this month or early next month, with no anticipated cashflow i...

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