SSGC reports 26% profit fall amid lower gas sales revenue
Sui Southern Gas Company reported a profit of Rs2.54 billion for the fiscal year 2026, marking a significant drop from the Rs3.44 billion earned in the previous year.
SSGC's annual profit fell by 26% to Rs2.54 billion for the fiscal year ending June 30, 2026.
Net revenue from gas sales dropped 17% to Rs369.46 billion after tariff adjustments.
Earnings per share decreased to Rs2.89 from Rs3.91 in the previous fiscal year.
Finance costs rose to Rs14.27 billion, while tax payments increased by 61%.