Khani Khola Hydropower Disappoints Investors

May 21, 2018 Merolagani

Khani Khola Hydropower Company (KKHC) has borne the loss of Rs 112.8 million in the third quarter of the current FY. The loss has increased by Rs 35.3 million compared to the last quarter.

During the second quarter, the company bore the loss of Rs 77.4 million. increase in administration expenses,  loan expenses and depreciation have raised its losses.

In the review period, the company earned Rs 58.2 million through the sale of electricity and has a bank loan of Rs 820 million.

The company with Rs 465.7 million in paid-up capital has a reserve fund of Rs 235.9 million.

The company has EPS of Rs 24.23 (negative), P/E ratio of 5.28 times (negative) and net worth per share of Rs 72.57.

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