Saif Power Ltd · PSX:SPWL
Saif Power — H1 2024 Earnings Presentation
11 slides from Saif Power's earnings presentation, Sep 13, 2024
Slide 1: Corporate Briefing Session notice to Pakistan Stock Exchange
SAIF POWER LIMITED SAIF_ GROUP Ret SPOR 09/29/2024 Dated: September 10, 2024 The General Manager Pakistan Stock Exchange Limited Stock Exchange Building Stock Exchange Road Karachi. CORPORATE BRIEFING SESSION Dear Sir, We are pleased to inform you that the Corporate Briefing Session (CBS) of Saif Po
Slide 2: Corporate Briefing Session
CORPORATE BRIEFING SESSION (for the year ended December 31, 2023) & (for the half year ended June 30, 2024) SAIF POWER LIMITED September 13, 2024
Slide 3: Profile of the Company
Profile of the Company Saif Power Limited (SPL) is an Independent Power Producer (IPP) and its power plant is located at Qadarabad, Sahiwal, which commenced commercial operations from April 30, 2010. The Combined Cycle Thermal Power Plant is a dual fuel power generating station where the primary
Slide 4: Sponsor's Profile
Sponsor’s Profile Saif Holdings Limited (SHL) is the parent company of Saif Power Limited (SPL). Headquartered in Islamabad, SHL has a strong corporate presence. Saif Group’s principal business areas are textiles, power generation, under sea cable, real estate, healthcare services and informatio
Slide 5: Financial Highlights
Financial Highlights Un-audited Audited Half Year - 2024 Annual - 2023 Annual - 2022 Annual - 2021 --------------- Rupees in Millions --------------- Turnover 3,654 19,044 22,870 16,394 Net Profit 518 336 1,951 1,959 Property, Plant and Equipment 10,533 10,863 11,302 11,711 Investment in subsidiary
Slide 6: Business Performance / Operational Development
Business Performance / Operational Development • For the half year ended June 30, 2024, the Company earned a net profit of Rs. 518 million, resulting in earnings per share (EPS) of Rs. 1.34 as compared to loss per share of Rs. 1.92 during the same period last year. • For the year ended December 31,
Slide 7: Receivables, maintenance reserves and loans
• The Company’s receivables are Rs. 8.2 billion as of June 30, 2024, compared to Rs. 9.2 billion at the year end. The Company has sufficient working capital facilities to sustain the operations. • During the half year ended June 30, 2024, Rs. 24 million (Rs. 213 million for the year 2023) has been t
Slide 8: Investment in Saif Cement Limited (SCL)
Investment in Saif Cement Limited (SCL) • During the year 2023, transaction for sale of assets of SCL was completed and related amount had been transferred to SCL’s bank account. The Board of Directors of the Company has recommended voluntary winding up of SCL which had also been approved by the sha
Slide 9: Dividends
DIVIDENDS • The Board recommended a final dividend of 15% (Rs. 1.5 per share) for the year ended December 31, 2023 which was approved by the shareholders in their Annual General Meeting which was subsequently paid in May 2024. This was in addition to interim dividends of 27.9% (Rs. 2.79 per share),
Slide 10: Question & Answer Session
QUESTION & ANSWER SESSION
Slide 11: Thank You
THANK YOU