The company had posted a net loss of Rs 4.5 million in the review period compared to net loss of Rs 3.3 million of the corresponding period of the last FY.
According to the report, the loss was mainly due to the devastating flood in the Bhotekoshi River during this year's monsoon and its direct negative impact on tourist arrivals. According to the management of the company, the flow of tourists has decreased due to the disruption of the road network due to the floods and the company's cable car and other business activities have not been able to run regularly.
During the review period, the company's income from operations decreased to Rs. 4.2 million from Rs. 7.2 million in the review period. The company also posted a negative operating profit of Rs 6.3 million.
The company has paid-up capital of Rs 630 million and reserve of Rs 53.5 million. Based on the financial indicators, the company has EPS of Rs 2.92, net worth per share of Rs 108.50 and total asset value per share of Rs 120.56.
