Butwal Power’s Net Profit Declines

Nov 17, 2019 10:57 AM Merolagani

The net profit of Butwal Power has declined by 33.22 percent to Rs 69.3 million compared to Rs 103.8 million of the corresponding period of the last FY.

As per the company, it invested huge amount of fixed deposit in new projects which is the primary reason of the decline in the net profit. The amount in fixed deposit which was Rs 50.6 million in the review period of the last FY decreased to Rs 8.4 million in the review period of the current FY.

In the review period, the income from sale of electricity however increased by Rs 7.8 million to Rs 207.7 million.

The company with Rs 2.44 billion in paid-up capital has EPS of Rs 2.84, net worth per share of Rs 285.62 and P/E ratio of 32.04.

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Matured NMB Sulav Investment Fund-1 Re-auctions 174,000 units of Debenture

Dec 06, 2019 03:56 PM

NMB Sulav Investment Fund-1 that matured on October 19 is re-auctioning 174,000 units of debenture under its ownership with deducted price from December 6.