Api Power Increases Net Profit

Aug 16, 2022 10:38 AM Merolagani



Api Power Company (API)) has published its fourth quarter report of the last FY. As per the company’s report, its net profit as well as sales income has increased compared to the corresponding period of the previous FY.

In the review period, the company earned a net profit of Rs 141 million, a growth of 11.85 percent compared to the review period of the last FY.

During the period, the company logged 41.35 percent increase in energy sales to Rs 519.1 million. Meanwhile, its income from other sources decreased by 86.24 percent and total income by 22.58 percent.

The company with Rs 3.84 billion in paid-up capital increased its reserve fund by 5.98 percent to Rs 296.6 million.

The company logged EPS of Rs 3.67, P/E ratio of 66.66 times and net worth per share of Rs 107.72.




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