Butwal Power's  EPS Declines

Feb 13, 2019 Merolagani

Butwal Power (BPCL) has increased its net profit by 22.88 percent and reserve fund by 40 percent in the second quarter of the current FY compared to the corresponding period of the last FY. However, its EPS decline by Rs 6.02 in the review period

In the review period, the company earned a net profit of Rs 758.2 million compared to Rs 617 million of the last FY. The company increased its paid-up capital by 34.79 percent to Rs 2.44 billion.

Failure of the company to increase its net profit in proportionate with increase in paid-up capital dragged its EPS down to Rs 62.14 from earlier Rs 68.16. The company has net worth per share of Rs 273.21 and P/E ratio of 6.04 times.

In the period, the company earned Rs 384 million from sales of electricity. The income decreased by 5.15 percent compared to Rs 404.8 million of the last FY.

Meanwhile, the company increased its other income by 19.31 percent to Rs 595.3 million. The company that earned merely Rs 16,000 in the last FY earned interest income of Rs 89 million in the review period of the current FY.

During the period, the company has total asset of Rs 8.03 billion while it has total liability of Rs 1.36 billion. Moreover, the company has equity of Rs 6.66 billion including paid-up capital and reserve fund.

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