United Modi Hydropower's EPS Rs 3.6

Nov 05, 2017 Merolagani

United Modi Hydropower Company (UMHL) has earned a net profit of Rs 41.8 million in the first quarter of the current FY.  The net profit increased by 278 percent compared to the corresponding period of the last FY. United Modi earned the net profit of Rs 11 million in the corresponding period of the last FY.

The company earned Rs 97.1 million through power trade during the review period which was Rs 71.7 million in the review period of the last FY. Moreover, the company also earned other income of Rs 43.2 million during the review period.

 United Modi has paid-up capital of Rs 1.15 billion and reserve fund of Rs 104.2 million. Meanwhile, it has made an investment of Rs 194 million.

United Modi is developing 10.5 MW Lower Modi 2. The hydropower company issued 1,725,000 units of general shares on the last February.

United Modi has EPS of Rs 3.64, net worth per share of Rs 109.07 and liquidity ratio of 7.75 percent.

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