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Hub Power Company information


The Hub Power Company Limited
Company typePublic
Traded as
PSX: HUBC
IndustryElectricity generation
Founded1995; 29 years ago (1995)
Headquarters
Karachi
,
Pakistan
Area served
Pakistan
Key people
  • Habibullah Khan (Chairman)
  • Kamran Kamal (CEO)
RevenueIncrease Rs. 114.26 billion (US$400 million)[1] (2023)
Operating income
Increase Rs. 70.41 billion (US$240 million)[1] (2023)
Net income
Increase Rs. 62.00 billion (US$210 million)[1] (2023)
Total assetsIncrease Rs. 405.56 billion (US$1.4 billion)[1] (2023)
Total equityIncrease Rs. 158.03 billion (US$550 million)[1] (2023)
Number of employees
809[1] (2023)
Websitewww.hubpower.com

The Hub Power Company Limited, (Urdu: حب پاور) colloquially known as Hubco, is a Pakistani power company based in Karachi, Sindh. It was the first independent power producer (IPP) to establish in Pakistan and as of 2024 is the largest IPP with a combined installed power generation capacity of 3,581 MW.[2] The revenue of the company is United States Dollars denominated.[3]

Hubco is listed on the Pakistan Stock Exchange.[4][5]

  1. ^ a b c d e f "Hub Power Annual Report 2023" (PDF). hubpower.com. Retrieved 8 December 2023.
  2. ^ "HUBCO company profile".
  3. ^ Segal, Philip; Tribune, International Herald (16 August 1997). "Pakistan" – via NYTimes.com.
  4. ^ Hussain, Dilawar (24 September 2018). "Further growth for Hub Power Company". Dawn. Pakistan. Retrieved 20 June 2021.
  5. ^ Hussain, Dilawar (6 November 2001). "Hub Power Company: CORPORATE PROFILE". Dawn. Pakistan. Retrieved 20 June 2021.

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