Taragaon Regency Earns Net Profit of Rs 280 Mn

Oct 27, 2017 Merolagani

Taragaon Regency has earned a net profit of Rs 280.7 million in the first quarter of the current FY compared to Rs 136.7 million of the last FY.

During the review period, an income of the company has increased by 24.54 percent to Rs 1.26 billion. Similarly, the company's other income amounted to Rs 162 million. The reserve fund of the company that was negative Rs 140.2 million during the review period of the last FY has increased to Rs 140.5 million.

Presently, Taragaon has an asset of Rs 3.02 billion and liabilities of Rs 1 billion. Its provision for losses has increased to Rs 179.5 million in the review period from Rs 158.8 million of the last FY.

Taragaon Regency has paid-up capital of Rs 1.88 billion, EPS of Rs 14.88, net worth per share of 114.04 and P/E ratio of 17.54 times.

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