SNGPL posts highest-ever profit before levy, income tax of Rs34,656m
LAHORE: The Board of Directors of Sui Northern Gas Pipelines Limited (SNGPL), at its meeting held in Lahore on Thursday, November 5, 2026, approved the Company’s Annual Financial Statements for the financial year ended June 30, 2026, and recommended a final cash dividend of Rs. 3.00 per share (30pc) for approval by the shareholders. SNGPL achieved its highest-ever profit before levy and income…
On Thursday, November 5, 2026, the Board of Directors of Sui Northern Gas Pipelines Limited (SNGPL) convened in Lahore to review the Company's Annual Financial Statements for the fiscal year ending June 30, 2026. During this meeting, the Board approved the financial statements and recommended a final cash dividend of Rs. 3.00 per share (30pc) for shareholder approval.
SNGPL reached its highest-ever profit before levy and income tax, amounting to Rs. 34,656 million, marking a remarkable 42 percent increase from the previous year's Rs. 24,446 million. The Company's profit after tax stood at Rs. 14,809 million, resulting in an earnings per share (EPS) of Rs. 23.35, up from Rs. 23.01 in the prior fiscal year.
SNGPL's commitment to operational efficiency and loss prevention paid off, as Unaccounted-for-Gas (UFG) volumes declined by 1,672 MMCF, reducing from 29,520 MMCF to 27,848 MMCF. The Company's Annual General Meeting (AGM) is scheduled for November 27, 2026, where shareholders will review and vote on the financial statements, dividend recommendation, and other business matters.
The Board lauded the Management's efforts, particularly their focus on UFG control and enhanced operational efficiency, while acknowledging the dedication, professionalism, and commitment of the Company's employees in achieving this historic financial milestone.
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