National Hydropower’s Net Loss Decline

Apr 26, 2024 06:38 AM Merolagani

National Hydropower Company (NHPC) has published its third quarter financial report of the current FY.

As per the report, its net loss has declined compared to the corresponding period of the last FY.

During the period, the company incurred loss of Rs 11.4 million compared to Rs 22.9 million of the last FY.

Although the company failed to raise sales income, control in expenses helped to bring down its net loss.

In the review period, the company increased its sales income by merely 0.08 percent while its total profit increased by 75.34 percent. similarly, its operating profit increased by 404.84 percent.

The company logged net loss per share of Rs Rs 0.62 and  net worth per share of Rs 101.33.

The company with Rs 2.46 billion in paid-up capital has reserve fund of Rs 15 million.

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