During the period, the company earned Rs 610.6 million income and spent Rs 408.5 million.
The company that doubled its capital had EPS of Rs 32.93 in the review period of the last FY has decreased to Rs 12.76. However, the company tried to keep the investors in delusion by showing its EPS of Rs 23.30 by summing up earning of the last FY in the calculation.
The decline in its earnings from the sale of electricity by Rs 66.5 million to Rs 566.9 million led the decrease in its net profit. In the last FY, it earned Rs 633.4 million from the sale of electricity.
In the review period, the company raised its paid-up capital to Rs 2.11 billion by issuing 100 percent right shares. the company has maintained Rs 491.9 million in reserve fund.
Sanima Mai Hydro has Rs 1.49 billion in net current asset.
