Nishat Chunian Power Limited (NCPL) reported loss per share of PKR 9.19 for FY25, compared to earnings per share of PKR 13.37 in FY24. Furthermore, in 1QFY26, the company reported earnings per share of PKR 1.50, compared to earnings per share of PKR 3.99 in the same period last year (SPLY).
NCPL has invested PKR 2 billion in NextGen Auto, representing 33% of the company’s equity. In addition, shareholders have also approved a potential PKR 500 million credit line for the company.
The CKD plant has a production capacity of 32,000 vehicles per annum on a double-shift basis, or 16,000 vehicles per annum on a single shift. During CY24 company reported distribution losses of 18.26%, transmission losses of 2.52%, and recovery losses of 7.56%.
Bookings for the Jaecoo J7 currently stand at approximately 2,000 units, while the Omoda E5 (fully electric) has recorded over 100 bookings to date. An additional model, the Omoda PHEV (C7), is planned for launch in March 2026. Regarding Nextgen autos Management expects the company to declare its first dividend in FY28, with potential payouts beginning in FY29. The J6 and Omoda E5, both launched in August, are being sold as CBU units, whereas the J7 PHEV is being offered as a CKD variant.
Important Disclosures
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