Nepal Telecommunication’s Net Profit Declines

May 11, 2022 02:32 PM Merolagani



Nepal Telecommunication Corporation (NTC) has published its third quarter report of the current FY. As per the report, its net profit has decreased during the period.

During the period, the company earned Rs 5.43 billion in net profit. The net profit decreased by 7.63 percent compared to Rs 5.88 billion of the last FY.

Although the company increased its income, uncontrolled expenses pulled down its net profit.

During the period, its sales income increased by 2.80 percent and other income increased by 2.24 percent. Similarly, its total income increased by 2.72 percent.

In the review period, its paid-up capital increased by 20 percent to Rs 18 billion and reserve fund decreased by 0.76 percent.

The company logged EPS of Rs 40.26, P/E ratio of 25.48 times and net worth per share of Rs 511.77.




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