Nepal Hydro Increases Net Profit by 38.66%

May 12, 2019 Merolagani

Nepal Hydro Developer h(@NHDL@) as increased its net profit by 38.66 percent to  Rs 20 million in the third quarter of the current FY compared to Rs 14.4 of the corresponding period of the last FY.

The company that spent Rs 11.2 million in sales expenses in the review period of the last FY spent Rs 5.9 million in the review period of the current FY.

However, the income from sale of electricity decreased by 11.37 percent to Rs 75.6 million compared ot Rs 85.3 million of the last FY.

The company with the paid-up capital of Rs 260 million has Rs 31.1 million in reserve fund.

During the period, the company maintained EPS of Rs 7.72, net worth per share of Rs 111.98 and P/E ratio of 16.19 times.

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