Nepal Warehousing Company’s Loss Increases

Sep 18, 2024 11:34 AM Merolagani



Nepal Warehousing Company (NWCL) has published fourth quarter report of the last FY.

As per the report, the company’s net loss icnreases compared to the corresponding period of the previous FY.

In the last FY, the company incurred loss of Rs 83 million. In the review period of the previous FY, the company had incurred net loss of Rs 41 million.

Although the company raised its operating income, increase in financial expenses and depreciation cost pulled up its net loss.

During the period, the company earned operating income of Rs 12.7 million and total income of Rs 14.8 million.

In the mean time, its financial expenses increased to Rs 33.1 million and depreciation cost to Rs 28.1 million.

The company with Rs 687.5 million in paid-up capital has other equity of negative Rs 140.6 million.

The company logged LPS of Rs 11.64 and net worth per share of Rs 88.46.

 




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