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MarketScreener Homepage  >  Equities  >  KARACHI STOCK EXCHANGE (GUARANTEE) LIMITED, THE  >  K-Electric Ltd.    KEL   PK0000501012

K-ELECTRIC LTD.

(KEL)
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End-of-day quote. End-of-day quote KARACHI STOCK EXCHANGE (GUARANTEE) LIMITED, THE - 07/12
4 PKR   -2.20%
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K Electric : E replies

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01/11/2019 | 06:48am EDT

Apropos the letter published in The Express Tribune on January 7th headlined 'Karachi's many problems', K-Electric would like to state that the power supply in the city is normal; and through continuous investment in the infrastructure, the utility has successfully exempted 70% of the city from load-shedding. In some areas of the city, however, power theft and kundas (illegal hook connections) are still heavily prevalent due to which these areas experience more faults which should not be misconstrued as unscheduled load-shedding. Our teams are available round the clock for rectification of these faults to minimise the inconvenience caused by this unfortunate menace of illegal hook connections.

Customers who are registered with K-E's 8119 service are intimated via SMS prior to these planned shutdowns. This information can also be accessed on K-E's official website. For further queries or to inquire about load-shedding in your respective area, feel free to contact K-Electric helpline at 118, or send a message on K-E's social media accounts or send an SMS on 8119. The power utility regrets the inconvenience caused to the consumers during the development work. However, it would like to assert that all work is part of the power utility's efforts to enhance the reliability of power supply across its network.

© Pakistan Press International, source Asianet-Pakistan

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Financials (PKR)
Sales 2018 229 B
EBIT 2018 33 348 M
Net income 2018 -
Debt 2018 -
Yield 2018 6,25%
P/E ratio 2018 3,21x
P/E ratio 2019 2,53x
Capi. / Sales2018 0,46x
Capi. / Sales2019 0,39x
Capitalization 105 B
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Last Close Price 3,81  PKR
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Managers
NameTitle
Syed Moonis Abdullah Alvi Chief Executive Officer
Ikram-ul-Majeed Sehgal Chairman
Syed Nayyer Hussain Non-Executive Director
Mubasher Hussein Sheikh Non-Executive Director
Omar Khan Lodhi Non-Executive Director
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