Karachi: Saif Power Ltd. (SPWL) announced a 14% increase in revenue for the calendar year 2025, reaching PkR9.2 billion, driven by higher utilization rates. However, the company reported a net loss of PkR38 million, primarily due to a super tax provision.
According to AKD Securities Limited, the increase in revenue was achieved through a 12% utilization rate in 2025, compared to 9% in the previous year. The plant availability factor remained consistent at 94%, matching the level recorded in 2024. Despite the revenue growth, the net loss was attributed to the super tax provision, as stated by the company's management during the analyst briefing.