Chandragiri Hills logs decline in losses with rise in income

Jan 31, 2022 10:12 AM Merolagani

Chandragiri Hills (CGH) has published its second quarter report of the current FY. As per the report, it has increased its income thus its losses has declined during the period.

In the second quarter of the current FY, the company recorded net losses of Rs 17.3 million. In the corresponding period of the last FY, the net losses was Rs 123.2 million.

During the period, the company increased its operating profit by 403.27 percent, total income by 544.39 percent and total expenses by 123.66 percent.the company with paid-up capital of Rs 1.56 billion has reserve loss of Rs 437.5 million.

The company logged loss per share (LPS) of Rs 2.29 and  net worth per share of Rs 71.48.

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