Half Dozen Hydro Companies Publish Financial Reports

Nov 16, 2017 Merolagani

A half a dozen hydro companies have published their financial report on Thursday, November 16. The companies include Butwal Power Company (BPCL), Sanima Hydro (SHPC), Himalayan Power (HPPL), Api Power (API) and Arun Kabeli (AKPL).

 

Butwal Power Increases Net Profit by 234%

 Butwal Power Company has increased its net profit by 234 percent to Rs 72.2 million in the first quarter of the current FY compared to Rs 21.5 million in the corresponding period of the last FY.

The company with Rs 1.81 billion paid-up capital has a reserve fund of Rs 2.36 billion.

Butwal Power has EPS of Rs 3.99, P/E ratio of 160.49 times and net worth per share of Rs 230.85.

Sanima Mai Hydro's Profit Decreases

The net profit of Sanima Mai Hydropower has decreased by Rs 20 million to Rs 151.9 million in the first quarter of the current FY compared to Rs 170 million of the corresponding period of the last FY.

The company earned Rs 291.7 million through power trade and other resources during the period. It had earned Rs 300 million in the corresponding period of the last FY. The company has EPS of Rs 14.41.

Net Profit of Api Power Declines

Api Power earned a net profit of Rs 16.5 million in the first three months of the current FY compared to Rs 17 million in the corresponding period of the last FY.

Api earned Rs 41.4 million income from power trade in the first quarter compared to Rs 46.1 million in the last FY.

The decreased net profit has resulted in decreased EPS of the company. Its EPS slipped to Rs 6.32 in the review period.

Synergy Power in Loss

Synergy Power Development has incurred a loss of Rs 118.1 million in the first quarter of the last FY compared to Rs 145.7 million losses in the corresponding period of the last FY. Synergy decreased its loss by nearly Rs 40 million during a one year.

The company was able to reduce the loss through increased income and operating profit. Synergy earned Rs 84.4 million income in the period.

Synergy has EPS of Rs 4.85, P/E ratio of 2.95 percent and net worth per share of Rs 83.13.

Arun Kabli Incurs Loss

Arun Kabeli Power has incurred a loss of Rs 900,000 in the first quarter of the current FY compared to Rs 1 million in the corresponding period of the last FY.

The company with a paid-up capital of Rs 1.50 billion has a negative balance of Rs 14.8 million in its reserve fund.

The company has net worth per share of Rs 99.01, liquidity ratio of 1.74 percent and total asset per share of Rs 271.28.

Himalayan's Blank Report

Meanwhile, Himalayan Power Partner's financial report does not provide any glimpse of its financial transaction. The company that issued general shares to public recently has paid-up capital of Rs 1.06 billion.

 

 

 

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