The company that earned Rs 920 million in net profit in the review period of the previous FY earned Rs 710 million in the last FY.
Although the company had been able to increase its income by sale of electricity by 50 million to Rs 1.17 billion, increase its interest income and decrease operating expenses, the net profit of company decrease following an increase in government royalty to Rs 125.1 million from Rs 24.9 million and increase in tax liability to Rs 190 million from earlier Rs 120 million. The government royalty and tax exemption enjoyed by the company since the last 15 years had ended in the previous FY.
Chilime Hydropower with a paid-up capital of Rs 4.45 billion and shareholders fund of Rs 4.55 billion is developing Rasuwagadhi, Mid-Bhotkoshi, Sanjen an Upper Sanjen Hydropower that generate 270 MW electricity.
In the review period, the company logged EPS of Rs 15 and P/E ratio of 34.63 times, net worth per share of Rs 195.
