Chilime Hydropower Logs Decline in Net Profit

Feb 12, 2023 12:41 PM Merolagani



Chilime Hydropower Company (CHCL) has published its second quarter report of the current  FY. As per the company’s report, its net profit has decreased compared to the corresponding period of the previous FY.

In the review period, the company earned a net profit of Rs 393.8 million. The net profit declined by 1.83 percent compared to  Rs 401.2 million of the review period of the last FY.

During the period, the company logged 87 percent increase in energy sales while its financial income increased by 7.86 percent. Similarly, its operating profit increased by 3.79 percent.

The company with Rs 7.25 billion in paid-up capital has retained earning of Rs 3.40 billion.

The company logged EPS of Rs 10.85, P/E ratio of 41.32 times and net worth per share of Rs 141.39.




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