Hub Power Records 99.8% Total Collapse in Profits From BYD Stake in One Year

The Hub Power Company has reported a sharp slowdown in earnings from its stake in the BYD project, with profit declining by 99.8 percent to just Rs. 0.5 million in March 2026 after stronger contributions in earlier quarters.

According to available data compiled by Arif Habib Limited, HUBC recorded profits of Rs. 222 million in March 2025, Rs. 114 million in September 2025, and Rs. 54 million in December 2025, showing a 99.8 percent decline in earnings to date.

The company also reported a loss in June 2025, mainly due to elevated marketing and administrative expenses associated with the project.

Despite the declining profitability trend, HUBC has continued to invest in the venture, injecting a total of Rs. 6.6 billion, equivalent to $24 million, against its committed equity of $30 million.

The data suggests that while the initial phase of the BYD project generated moderate returns, earnings have tapered off, likely reflecting early-stage operational costs and scaling challenges.

Yeah that’s what happens when you price cars at record high no one can afford .

80 lac to 1 crore is too much. No one can afford this much