Kapco's Q2 profit climbs 20.9pc
Business February 20, 2021 Kot Addu Power Company (Kapco) has announced a net profit of Rs5.296 billion for the quarter ended December 31, 2020, which is 20.9 percent lower than the profit of Rs6.69 billion recorded in the same quarter last year. The EPS clocked in at Rs6.02 compared with EPS of Rs7.6 in the same period of the previous year. Kapco did not announce any interim cash dividend. Taurus Research in its report said, “True up income (difference between the revenue billed and the revenue collected in rupees due to depreciation of rupee against USD) decreased due to lesser collectio...
Source: thenews.com.pk