The profit after tax of Hub Power Company Limited has increased to Rs 701.757 million in the quarter ended September 30, 2008 as compared to Rs 607.123 million earned in the same period last year. The board of directors of the company declared that earning per share increased to Rs 0.61 in the period under review against Rs 0.52 in the corresponding period last year.
According to the financial results, the company's turnover increased to Rs 28.115 billion in this quarter against Rs 13.191 billion in the same quarter last year. The operating costs also increased to Rs 26.792 billion in this period against Rs 12.086 billion in the same period last year.