Sanima Mai Raises Net Profit

Nov 14, 2019 09:20 AM Merolagani

Sanima Mai Hydropower (SHPC) has increased its net profit by 4.07 percent to Rs 203.9 million in the first quarter of the current FY compared to Rs 196 million of corresponding period of the last FY.

The company with Rs 2.32 million in paid-up capital has shareholders fund of Rs 739.8 million and other reserve fund of Rs 241,000.

The company has EPS of Rs 8.79 and net worth per share of Rs 131.89.

In the first quarter, the company earned Rs 327.7 million from sale of electricity compared to Rs 319.2 million of the corresponding period of the last FY.

The company earned Rs 251.5 million from 22MW Mai Hydropower Project and Rs 76.2 million from 7MW Mai Cascade Hydropower.

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