The net losses which was Rs 44.4 million in the corresponding period of the last FY has declined to Rs 35 million in the current FY.
The company is developing 456MW hydroelectricity project in Dolakha. It is planning to general electricity from May end.
As per the financial report published by the company, increasing time and cost due to COVID-19 however froze income sources has affected the financial report of the company.
Currently, the company has a paid-up capital of Rs 10.59 billion and has long-term debt of Rs 40.08 billion.
The company logged loss per share of Rs 0.33 and net worth per share of Rs 92.94.