The company increased its investment in equity to Rs 349 million compared to Rs 212.2 million of the review period of the previous FY.
Similarly, the company has invested Rs 80 million in corporate bonds and Rs 2.33 billion in power projects. Moreover, the company has onlending of Rs 1.09 billion in the review period compared to Rs 785.6 million of the previous FY.
HIDCL has term deposit of Rs 14.60 billion in various BFIs and has cash and bank balance of Rs 366.9 million. During the period, the company collected Rs 9.2 million as revenue and earned interest of Rs 1.73 billion from term deposit. Similarly, it earned dividend of Rs 10.7 million and other income of Rs 114,000.
Presently, the company has paid-up capital of Rs 11 billion and reserve fund of Rs 1.40 billion.
The company has sought approval from SEBON to issue 100 percent right issue. it already collected call in advance from the government of Rs 5.50 billion. After the right issue, the paid-up capital of the company will reach Rs 22 billion.
The company maintained EPS of Rs 10.19, net worth per share of Rs 108.50 and P/E ratio of 15.79 times.
