K-Electric, listed on the Pakistan Stock Exchange (PSX), has not released its financial reports for 2024 and 2025, leaving shareholders without information on the company’s profits or losses.
PSX rules require listed companies to publish quarterly and annual financial reports, conduct corporate briefings, and hold annual general meetings. Market analyst Shehryar Butt warns that regulatory loopholes are enabling companies to delay disclosures and damage investor trust. Transparency in earnings reports is critical, especially under scrutiny from global bodies like the IMF and FATF.
K-Electric attributes its reporting delay to the National Electric Power Regulatory Authority’s (NEPRA) pending approval of a Multi-Year Tariff (MYT) for 2023–2030. The MYT sets average tariff rates, crucial for operational planning and investment. However, investors argue this does not justify withholding earnings reports.
