Hub Power Co Ltd 2024 AR2
The report highlights HUBCO's strategic progress and financial performance for the fiscal year 2023-2024, showcasing a 22% increase in consolidated net profit to PKR 70 billion. Key achievements include a strategic partnership with BYD Auto Industry to introduce electric vehicles in Pakistan through Mega Motor Company and an increased stake in Sindh Engro Coal Mining Company. On the ESG front, the company achieved over 30 million safe man-hours without a Lost Workday Injury and advanced its digital transformation of HSE systems. Additionally, HUBCO invested PKR 257 million in corporate social responsibility initiatives aligned with the UN Sustainable Development Goals.
Company: Hub Power Co Ltd
Sector: Utilities
Country: Pakistan
Year: 2024
Type: AR2
Pages: 384
Hub Power Co Ltd
Annual Report
The report highlights HUBCO's strategic progress and financial performance for the fiscal year 2023-2024, showcasing a 22% increase in consolidated net profit to PKR 70 billion. Key achievements include a strategic partnership with BYD Auto Industry to introduce electric vehicles in Pakistan through Mega Motor Company and an increased stake in Sindh Engro Coal Mining Company. On the ESG front, the company achieved over 30 million safe man-hours without a Lost Workday Injury and advanced its digital transformation of HSE systems. Additionally, HUBCO invested PKR 257 million in corporate social responsibility initiatives aligned with the UN Sustainable Development Goals.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Energy Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees