Electricity price hike

NEM · 1 Electricity price hike Tue Apr 23, 2013 1:05 pm

NEM

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What are the companies which would be mostly affected by recent electricity price hike. Would like to know your idea

salt · 2 Re: Electricity price hike Tue Apr 23, 2013 1:07 pm

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This should be neutralized in many ways.

Hawk Eye · 3 Re: Electricity price hike Tue Apr 23, 2013 10:20 pm

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Hotels

KDDND · 4 Re: Electricity price hike Tue Apr 23, 2013 10:34 pm

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What about GLAS? It will be effected... surely to next two to three quarters thus next year's results.... What action may they take to face n defend the future challenge of electricity.....????

Slstock · 5 Re: Electricity price hike Wed Apr 24, 2013 4:32 am

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Industry electricity increase is about 20%. Bad but not a crisis. Time theythink about alternative energy .

If they can work during nighttime they can save a massive bundle.
Hope that idea sinks into electricity dependant companies.

It even okay to pay extra for night time worker as they will save a whole lot more. Their profits will soar if soar

KDDND wrote:What about GLAS? It will be effected... surely to next two to three quarters thus next year's results.... What action may they take to face n defend the future challenge of electricity.....????

Oracle797 · 6 Re: Electricity price hike Wed Apr 24, 2013 9:46 am

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slstock wrote:Industry electricity increase is about 20%. Bad but not a crisis. Time theythink about alternative energy .

If they can work during nighttime they can save a massive bundle.
Hope that idea sinks into electricity dependant companies.

It even okay to pay extra for night time worker as they will save a whole lot more. Their profits will soar if soar

KDDND wrote:What about GLAS? It will be effected... surely to next two to three quarters thus next year's results.... What action may they take to face n defend the future challenge of electricity.....????

this price hike would definitely effect all the companies in the CSE, Even financial companies, Just Imagine , Commercial bank has 100 plus branches, Imagine the cost increase.

It will mostly affect hotels and manufacturing industry,( Asset rich companies)