The company earned a net profit of Rs 265.8 million in the last FY which is 390.16 percent growth compared to Rs 54.2 million of the corresponding period of the last year.
The company's profit has improved significantly due to the decrease in financial expenses due to the increase in electricity sales income.
In the review period, the company's electricity sales increased by 3.70 percent to Rs 1.11 billion. Similarly, the company's total profit increased by 6.22 percent in the review period. The company's other operating expenses decreased by 5.24 percent and financial expenses decreased by 29.62 percent in the review period.
Along with the profit, the company's earnings per share also increased. During the review period, the company's income increased by Rs 6.61 to Rs 9.33. At the end of the fourth quarter, the company had a net worth per share of Rs 111.80 and a price-to-earnings ratio of 49.52 times.
The company has paid-up capital of Rs 2.85 billion and reserve fund of Rs 336.4 million.
