National Hydro Disappoints Investors

Jan 31, 2018 Merolagani

National Hydropower Company (NHPC) has occurred Rs 9.7 million losses in the second quarter of the current FY. The company that earned a net profit of Rs 9.5 million in the first quarter has occurred loss of Rs 9.7 million.

 

Due to the loss occurred, its total accumulated loss has also increased to Rs 430.7 million. The company has Rs 1.38 billion in its paid-up capital.

During the period, the company earned income of Rs 53.9 million through power trade. The income has increased by Rs 1.4 million compared to the first quarter. The company has maintained Rs 4.7 million in its provision for tax.

The company has negative EPS of Rs 2.81 and net worth per share of Rs 69.

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