The Board of Directors of Sui Northern Gas Pipelines Limited (SNGPL) approved the company's annual financial statements for the fiscal year ending June 30, 2026, during a meeting in Lahore on Thursday, November 5, 2026. The board recommended a final cash dividend of Rs. 3.00 per share (30pc) for shareholder approval.
SNGPL reported its highest-ever profit before levy and income tax of Rs. 34,656 million for the 2025–26 financial year. This figure represents an increase of approximately 42 percent over the Rs. 24,446 million reported in the preceding financial year. The company's profit after tax reached Rs. 14,809 million, resulting in earnings per share (EPS) of Rs. 23.35. These figures compare to a profit after tax of Rs. 14,592 million and an EPS of Rs. 23.01 in the 2024–25 financial year.
The company attributed these results to sustained and focused efforts on controlling losses and improving operational efficiency. Specifically, Unaccounted-for-Gas (UFG) volumes declined by 1,672 MMCF, falling from 29,520 MMCF to 27,848 MMCF during the year. The company stated this reduction reflects a commitment to enhancing performance and strengthening efforts to curb gas losses.
The Board of Directors appreciated the Management’s performance and particularly commended its concerted efforts towards UFG control and improved operational efficiency. The Board also acknowledged the dedication, professionalism and commitment of the Company’s employees in pursuing the targets set by the Board. The Board recognized the contributions of the Board Members, Management and staff as instrumental in the Company’s overall performance and achievement of this historic financial milestone.
Shareholders will consider the annual financial statements, the recommended dividend, and other matters of ordinary business at the Annual General Meeting on November 27, 2026, at the company's Head Office.
