SOEs’ profit falls as power sector losses hit Rs5.9tr

ISLAMABAD: Pakistan’s state-owned enterprises (SOEs) continue to pose serious fiscal and operational challenges due to entrenched inefficiencies, poor governance, and delayed reforms, as aggregate revenues and profits declined by 8 per cent and 10pc, respectively, during the first half of FY25, the Ministry of Finance said on Friday.

In its biannual performance report (July-December FY25), the Ministry’s Central Monitoring Unit (CMU) highlighted the power sector as the biggest drag, with...