Karachi: Saif Power Ltd. (SPWL) announced a 14% increase in revenue for the calendar year 2025, reaching PkR9.2 billion, driven by higher utilization rates. However, the company reported a net loss of PkR38 million, primarily due to a super tax provision.
According to AKD Securities Limited, the increase in revenue was achieved through a 12% utilization rate in 2025, compared to 9% in the previous year. The plant availability factor remained consistent at 94%, matching the level recorded in 2024. Despite the revenue growth, the net loss was attributed to the super tax provision, as stated by the company's management during the analyst briefing.
The post Saif Power Ltd. Reports Revenue Growth Despite Net Loss Due to Super Tax appeared first on Pakistan Business News.