Sanima Mai Hydropower Net Profit Declines by 20%

Nov 14, 2024 11:38 AM Merolagani



Sanima Mai Hydropower (SHPC) has published first quarter report of the current FY.

As per the report, it logged decline in profit income during the period.

During the period, it earned net profit of Rs 202 million which is 20.09 percent degrowth compared to Rs 252.8 million of the corresponding period of the last FY.

Decline in sales income pulled down its net profit.

In the review period, its sales income declined by 20.81 percent, total profit by 22.37 percent, total operating profit by 26.69 percent and financial expenses by 183.83 percent.

Along with its net profit, its EPS decreased by Rs 8.95 to Rs 23.78. The company maintained net worth per share of Rs 184.03 and P/E ratio of 23.5 times.

The company with Rs 3.39 billion in paid-up capital has reserve fund of Rs 2.85 billion.

 




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