⚡ Flash Summary
Kohinoor Power Company Limited (KOHP) reported a significant decrease in turnover for the financial year ended June 30, 2025, with revenue dropping to PKR 6.74 million from PKR 11.12 million in the previous year. Despite the revenue decline, the company managed to achieve a profit after tax of PKR 10.82 million, a notable turnaround from a loss of PKR 15.73 million in 2024. The improvement in profitability is attributed to decreased direct costs and other income sources. However, the consistent decline in turnover remains a key concern for the company’s overall performance.
📌 Key Takeaways
- 1. 📉 Turnover decreased significantly from PKR 11.12 million in 2024 to PKR 6.74 million in 2025.
- 2. 📈 Profit after tax improved dramatically from a loss of PKR 15.73 million in 2024 to a profit of PKR 10.82 million in 2025.
- 3. 💰 Gross profit decreased from PKR 3.27 million in 2024 to PKR 2.48 million in 2025.
- 4. 📊 Basic earnings per share (EPS) increased from negative PKR 1.25 in 2024 to positive PKR 0.87 in 2025.
- 5. 🏢 Operating profit improved from a loss of PKR 15.63 million in 2024 to a profit of PKR 2.79 million in 2025.
- 6. 🏦 Shareholders equity remained stable at PKR 126 million.
- 7. ⚙️ Tangible fixed assets increased from PKR 77.20 million in 2024 to PKR 81.65 million in 2025.
- 8. 💵 Current assets increased from PKR 37.70 million in 2024 to PKR 42.70 million in 2025.
- 9. ℹ️ Other income increased significantly from PKR 1.56 million to PKR 2.77 million year-over-year.
- 10. 🚫 Direct costs decreased from PKR 7.85 million in 2024 to PKR 4.26 million in 2025.
- 11. 🏛️ Administrative expenses decreased from PKR 3.04 million in 2024 to PKR 1.94 million in 2025.
- 12. ⚠️ Other expenses decreased significantly from PKR 17.42 million in 2024 to PKR 0.51 million in 2025.
- 13. 🤝 Sponsors hold 45.65% of the company shares, while the general public holds 54.35%.
🎯 Investment Thesis
A HOLD recommendation is appropriate at this time. While the company has shown improved profitability, the declining revenue trend warrants caution. Further analysis is needed to determine if the cost reductions are sustainable and if the company can revitalize its revenue streams. A potential price target cannot be accurately assessed without more detailed information and industry benchmarking.
Disclaimer: AI-generated analysis. Not financial advice.