The company earned a net profit of Rs 23.3 million which is 17.69 percent higher compared to Rs 19.8 million in the review period of the previous FY.
The company's net profit has increased due to increase in electricity sales income and decrease in financial expenses.
In the review period, the company's electricity sales income increased by 12.59 percent to Rs 109.2 milion. In the review period, the company's total profit increased by 10.61 percent and operating profit decreased by 2.38 percent. In the review period, the company's financial expenses decreased by 18.52 percent.
Despite the increase in profit, the company's earnings per share has declined. During the review period, the company's EPS declined by Rs 1.62 to Rs 2.08 per unit. The company's earnings per share declined due to the issuance of 100 percent right shares. Moreover, the company has a net worth of Rs 108.19 and P/E ratio of 147.58 times.
The company has a paid-up capital of Rs 1.12 billion and retained earnings of Rs 55.1 million.
