StocksMedium•5 November 2026•
1 min read
SSGC FY26 Profit Drops 26% to Rs2.54 Billion on Lower Gas Sales
Key Facts
1SSGC reported a consolidated FY26 profit of Rs2.54 billion, a 26.14% decrease from Rs3.44 billion the previous year.
2Earnings per share declined to Rs2.89 from Rs3.91 in the previous fiscal year.
3Net revenue from gas sales fell 16.10% to Rs378.12 billion.
Sui Southern Gas Company (SSGC) reported a consolidated net profit of Rs2.54 billion for the fiscal year 2026, marking a 26.14% decrease from Rs3.44 billion in the previous year. Investify reported that earnings per share declined to Rs2.89 from Rs3.91 in the prior fiscal period, according to the company's financial results.
The financial performance was impacted by a 16.10% fall in net revenue from gas sales to Rs378.12 billion, alongside a 34.35% contraction in gross profit to Rs8.10 billion. The bottom line faced further pressure from a 17.46% rise in finance costs and a 61.08% increase in taxation during the fiscal year ended June 30, 2026.