K-Electric Past Earnings Performance

Past criteria checks 0/6

K-Electric's earnings have been declining at an average annual rate of -54.8%, while the Electric Utilities industry saw earnings growing at 3.4% annually. Revenues have been growing at an average rate of 18.7% per year.

Key information

-54.8%

Earnings growth rate

-55.4%

EPS growth rate

Electric Utilities Industry Growth	6.1%
Revenue growth rate	18.7%
Return on equity	-12.2%
Net Margin	-6.0%
Last Earnings Update	30 Jun 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
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How K-Electric makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

KASE:KEL Revenue, expenses and earnings (PKR Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 23	519,732	-30,983	58,117
31 Mar 23	575,553	-32,443	65,224
31 Dec 22	567,317	-21,892	63,347
30 Sep 22	559,465	-10,769	56,965
30 Jun 22	519,071	8,469	48,244
31 Mar 22	409,782	3,990	42,658
31 Dec 21	389,160	8,388	44,854
30 Sep 21	353,638	13,771	41,670
30 Jun 21	325,049	11,980	40,584
31 Mar 21	294,489	2,892	42,466
31 Dec 20	283,777	1,118	36,421
30 Sep 20	284,396	-4,514	36,069
30 Jun 20	288,807	-2,959	34,365
31 Mar 20	310,458	15,163	37,163
31 Dec 19	302,065	14,723	37,824
30 Sep 19	304,969	16,870	37,362
30 Jun 19	289,119	17,274	37,659
31 Mar 19	268,989	4,414	34,215
31 Dec 18	264,854	8,770	34,654
30 Sep 18	238,913	9,761	35,196
30 Jun 18	217,127	12,312	34,468
31 Mar 18	200,394	17,403	34,349
31 Dec 17	189,216	14,296	34,034
30 Sep 17	186,825	12,151	33,703
30 Jun 17	183,855	10,419	34,920
31 Mar 17	187,840	16,317	33,896
31 Dec 16	188,206	21,636	33,235
30 Sep 16	187,436	29,947	32,243
30 Jun 16	188,607	31,807	30,588
31 Mar 16	184,096	34,839	27,699
31 Dec 15	186,543	34,041	25,914
30 Sep 15	186,000	31,722	23,810
30 Jun 15	190,359	28,325	21,626
31 Mar 15	195,657	22,898	20,304
31 Dec 14	199,693	21,445	19,122
30 Sep 14	201,029	14,287	17,914
30 Jun 14	194,490	12,887	16,113
31 Mar 14	191,178	8,565	15,279
31 Dec 13	190,145	8,368	15,201
30 Sep 13	188,810	6,279	15,466
30 Jun 13	188,999	6,826	15,093

Quality Earnings: KEL is currently unprofitable.

Growing Profit Margin: KEL is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: KEL is unprofitable, and losses have increased over the past 5 years at a rate of 54.8% per year.

Accelerating Growth: Unable to compare KEL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: KEL is unprofitable, making it difficult to compare its past year earnings growth to the Electric Utilities industry (1%).

Return on Equity

High ROE: KEL has a negative Return on Equity (-12.15%), as it is currently unprofitable.

K-Electric Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Second quarter 2023 earnings released: PK₨0.39 loss per share (vs PK₨0.015 profit in 2Q 2022)

First quarter 2022 earnings released: EPS PK₨0.11 (vs PK₨0.04 in 1Q 2021)

Full year 2021 earnings released

Third quarter 2021 earnings released: EPS PK₨0.09 (vs PK₨0.03 in 3Q 2020)

Second quarter 2021 earnings released: EPS PK₨0.21 (vs PK₨4.60 in 2Q 2020)

First quarter 2021 earnings released: EPS PK₨0.04

Recent updates

New minor risk - Financial data availability

New major risk - Share price stability

Less than half of directors are independent

New minor risk - Share price stability

Second quarter 2023 earnings released: PK₨0.39 loss per share (vs PK₨0.015 profit in 2Q 2022)

Shanghai Electric Power Co., Ltd. agreed to acquire a 66.40% stake in K-Electric Limited (KASE:KEL) from KES POWER LTD.

Less than half of directors are independent

K-Electric Limited Announces Resignation of Ms. Sadia Khurram as Non-Executive Director

Investor sentiment improved over the past week

K-Electric Limited Appoints Mr. Mark Gerard Skelton as Chairman of the Company with Effect from August 11, 2022 in Place of Mr. Shan A. Ashary

Investor sentiment improved over the past week

K-Electric Limited Announces Board Changes

Shanghai Electric Power Company Limited cancelled the acquisition of 66.4% stake in K-Electric Limited (KASE:KEL).

First quarter 2022 earnings released: EPS PK₨0.11 (vs PK₨0.04 in 1Q 2021)

Investor sentiment improved over the past week

Full year 2021 earnings released

Non-Executive Director Muhammad Abid Lakhani has left the company

Director Mustafa Farooki has left the company

Third quarter 2021 earnings released: EPS PK₨0.09 (vs PK₨0.03 in 3Q 2020)

Second quarter 2021 earnings released: EPS PK₨0.21 (vs PK₨4.60 in 2Q 2020)

New 90-day high: PK₨4.52

New 90-day high: PK₨4.50

K-Electric Limited Announces Directorate Changes

First quarter 2021 earnings released: EPS PK₨0.04

New 90-day low: PK₨3.69

Full year earnings released

Shanghai Electric Power Company Limited has made a fresh Public Announcement of Intention to acquire 66.4% stake in K-Electric Limited (KASE:KEL).

Shanghai Electric Power Company Limited (SHSE:600021) cancelled the acquisition of 66.4% stake in K-Electric Limited (KASE:KEL) from KES Power Limited.

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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