The meeting will approve financial reports of the last FY and appoint an auditor for the current FY.
The company has not proposed any dividend to its shareholders for a decade. The poor performance of the company has dragged the stock price below the IPO price. On Wednesday, April 16, the market price of the stock was at Rs 71 per share.
In the second quarter of the current FY, the company earned a net profit of Rs 14 million. During the period, the company earned Rs 52.4 million through the sale of electricity. The company with Rs 1.38 billion in paid-up capital has reserve loss of Rs 414.9 million.
The company maintained EPS of Rs 4.04, net worth per share of Rs 70.06 and P/E ratio of 17.56 times.
