Tri-Star Power Explores Renewable Energy Options Amid Gas Supply Challenges

PAKISTAN

Tri-Star Power Limited Holds Corporate Briefing Session 2025

Tri-Star Power Limited conducted its Corporate Briefing Session for 2025, sharing key financial highlights of the last six years and updating stakeholders on operational challenges and future plans. The management briefed analysts and shareholders on the company’s performance, financial health, and strategic outlook.

During the session, the company disclosed that its power generation plant—currently rented out to an associated concern—remained non-operational due to the suspension of gas supply by SSGC. As a result, rental income could not be realized during the year. The plant, described as very old and requiring extensive maintenance, remains idle as the absence of gas supply has made operations unviable.

The company highlighted that it is actively assessing alternative and renewable energy options to overcome the energy supply bottleneck. However, transitioning to new sources of energy will require fresh capital investment, and the company is currently evaluating different proposals in this regard.

Tri-Star Power Limited also presented a comprehensive summary of its six-year financial performance, showing trends in capital structure, reserves, profitability, and key ratios.

Last Six Years Results at a Glance

For the year ended June 30, 2025

Financial Position

Description	2025	2024	2023	2022	2021	2020
Paid-up Capital (Rs.)	150,000,000	150,000,000	150,000,000	150,000,000	150,000,000	150,000,000
Reserves (Rs.)	23,678,692	36,106,508	42,893,582	36,901,799	33,687,383	25,582,430
Fixed Assets – WDV (Rs.)	2,577,205	2,863,604	3,181,835	3,535,438	3,928,347	4,364,934
Investments at Cost (Rs.)	78,304,845	78,304,845	78,304,845	78,304,845	78,304,845	78,304,845
Investments at Market Value (Rs.)	81,263,065	83,373,075	76,797,695	76,902,845	79,671,795	76,902,845
Current Assets (Rs.)	113,190,338	113,006,647	103,901,178	100,616,904	87,201,334	81,178,443
Current Liabilities (Rs.)	43,351,916	33,136,817	10,987,127	14,153,388	7,114,094	6,863,792

Income

Description	2025	2024	2023	2022	2021	2020
Sales (Rs.)	5,000,000	14,114,000	16,034,490	–	–	–
Lease Rental (Rs.)	6,079,644	11,953,800	–	–	–	–
Net Profit/(Loss) for the Year (Rs.)	(10,317,806)	(13,362,453)	6,096,934	5,983,368	5,336,002	5,740,314
Accumulated Profit/(Loss) (Rs.)	(49,279,528)	(38,961,722)	(25,599,269)	(31,696,201)	(37,679,567)	(43,015,570)

Statistics & Ratios

Description	2025	2024	2023	2022	2021	2020
Gross Profit/(Loss) Ratio (%)	–	93.72	89.55	73.30	27.47	22.43
Net Profit/(Loss) Ratio (%)	(214.78)	(113.20)	75.51	50.05	37.81	35.80
Current Ratio	2.61	3.41	9.46	7.11	12.26	11.83
Paid-up Value per Share (Rs.)	10	10	10	10	10	10
Earnings/(Loss) per Share (Rs.)	(0.688)	(0.891)	0.406	0.399	0.356	0.380
Net Assets (Rs.)	173,678,692	186,106,508	192,893,581	186,901,799	183,687,383	175,582,430
Net Asset Value per Share (Rs.)	11.58	12.41	12.86	12.46	12.25	11.71
Cash Dividend (%)	–	–	–	–	–	–
Bonus Dividend (%)	–	–	–	–	–	–

Tri-Star Power Limited assured stakeholders that it remains committed to identifying a sustainable way forward, with a renewed focus on alternative and renewable energy solutions to stabilize operations and restore profitability.

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