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    ALTN   PK0077001011

ALTERN ENERGY LIMITED

(ALTN)
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Altern Energy : Transmission of Quarterly Report for the Period Ended March 31, 2020 of Altern Energy Limited

04/30/2020 | 11:59pm EST

Altern Energy Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended March 31, 2020 have been transmitted through PUCARS and is also available on Company's website.

The announcement is available at:

https://dps.psx.com.pk/download/image/147273-1.gif

Altern Energy Limited is a company incorporated in Pakistan on January 17, 1995. The foundations of the company are laid under the Companies Ordinance, 1984. The commercial operations of the company commenced with effect from June 6, 2001. The principal objective of the company is to generate and supply electric power to water and Power Development Authority of Pakistan from its thermal power plant having a gross capacity of 32 Mega Watt. The stocks of the company are quoted on the Karachi stock Exchange of Pakistan. The registered office of the company is located in Lahore.

The symbol "ALTN" is being used by the stock exchanges for the shares of Altern Energy Limited.

© Pakistan Press International, source Asianet-Pakistan

Stocks mentioned in the article
ChangeLast1st jan.
ALTERN ENERGY LIMITED -1.85% 21.25 End-of-day quote.-2.03%
PAKISTAN STOCK EXCHANGE LIMITED -1.27% 13.22 End-of-day quote.-3.85%
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Financials
Sales 2021 12 410 M 70,4 M 70,4 M
Net income 2021 804 M 4,56 M 4,56 M
Net cash 2021 1 472 M 8,36 M 8,36 M
P/E ratio 2021 11,5x
Yield 2021 -
Capitalization 7 722 M 43,8 M 43,8 M
EV / Sales 2020 1,03x
EV / Sales 2021 0,63x
Nbr of Employees 26
Free-Float 4,26%
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Managers and Directors
Umer Shehzad Sheikh Chief Executive Officer & Executive Director
Muhammad Nadeem Farooq Chief Financial Officer
Taimur Dawood Chairman
Syed Rizwan Ali Shah Independent Director
Shah Muhammad Chaudhry Non-Executive Director