Panchthar Power’s Profit Rise Significantly

Aug 02, 2022 02:00 PM Merolagani

Panchthar Power (PPCL) has published a fourth-quarter report of the last FY. As per the report, its net profit along with net income has increased significantly during the period.

In the review period, the company earned a net profit of Rs 161 million. The net profit increased by 328.67 percent compared to Rs 37.5 the corresponding period of the previous FY.

An increase in income from sales can be attributed to the increase in net profit.

In the review period, its income from sales increased by 26.49 percent to Rs 403 million. Similarly, its total profit increased by  37.68 percent and other income by 429.63 percent.

The company with Rs 965.5 million in paid-up capital has reserve fund of Rs 116 million.

Along with its net profit, its EPS increased to Rs 16.74. The company logged net worth per share of Rs 112.05 and P/E ratio of 17.2  times.

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