- Encouraging growth in profit and income
The company has earned a net profit of Rs 658.5 million during the period. The net profit increased by 86.3 percent compared to Rs 353.4 million of the review period of the last FY.
Operating Income: The income from the sale of electricity and other operations has reached Rs 1.30 billion compared to Rs 1.19 billion of the review period of the last FY.
Operating Profit: Operating profit also increased to Rs 1.08 billion from Rs 877.6 million, indicating improvement in the internal efficiency of the company.
- Key Financial Indicators
With the increase in profits, there has also been a big improvement in earnings per share, an important indicator for investors:
- Status of assets and liabilities
Total Assets: The total assets of the company have reached Rs 16.08 billion.
Long-term debt: The company's long-term debt is seen to be around Rs 6 billion, which is considered normal given the nature of hydropower projects.
Paid-up Capital: The company has paid-up capital of Rs 6.37 billion.
- Projects and Challenges
The company currently operates six different hydropower and solar projects, namely 8.5 MW Naugad Gad to 40 MW Upper Chameliya. Similarly, 8 MW Parwanipur Solar Project is under development.
Challenges:
Financial cost: The bank interest rate and financial expenses have put some pressure on its profit.
External Risks: Political instability, policy slowdowns and hydrological risks are the main challenges cited by the company.