United Modi Hydro Increases Net Profit by 20%

May 10, 2018 Merolagani

The net profit of United Modi Hydro Company (UMHL) has increased by 20 percent to Rs 56.4 million in the third quarter of the current FY compared to the corresponding period of the last FY.

During the period, the company earned Rs 226.7 million income from the sale of the electricity.

The company with Rs 1.15 billion in paid-up capital has EPS of Rs 6.55 and net worth per share of Rs 105.34.

United has Rs 221 million of net current asset and Rs 61.3 million in reserve fund.

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