Saif Power Ltd (SPWL): CY24 Analyst Briefing Takeaways - By AKD Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Saif Power Ltd (SPWL) hosted its analyst briefing earlier today to discuss performance for CY24 and share insights on future outlook. Below are the key highlights:</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Company posted revenue of PkR9.7bn during the outgoing year, down by 49%YoY. The decline was due to lower utilization of 8.23% in CY24 (vs. 24.6% in CY23), however, the plant&rsquo;s availability factor stood at 94.2%, higher compared to 84.6% in CY23.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Company posted bottom-line of PkR133mn (EPS: PkR0.35), down 60%YoY. Beside the earnings, company also announced a cash dividend of PkR1.25/ sh, c...