Rasuwagadhi Hydropower in Profit

Nov 22, 2020 11:31 AM Merolagani

Rasuwagadhi Hydropower Company (RHPL) has logged profit in the first quarter of the current FY. The company that was in loss of Rs 14.6 million in the first quarter of the last FY logged a net profit of Rs 4.9 million in the review period of the current FY.

Although the company has not started the production of power, the company managed to earn profit due to increase in other income. It earned income from other sources of Rs 12.8 million.

However, the company has operating losses of Rs 7.8 million.

The company with Rs 6.15 billion in paid-up capital has negative shareholders fund of Rs 196.8 million. It has EPS of Rs 0.32 and net worth per share of Rs 96.80.

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