Net Profit of Sanima Mai Hydropower Declines along with Sales

May 04, 2023 02:38 PM Merolagani

Sanima Mai Hydropower (SHPC) has published its third quarter financial report of the current FY. As per the report, its net profit has decreased compared to the corresponding period of the last FY.

In the review period, the company earned a net profit of Rs 358.2 million. The net profit decreased by 20.40 percent compared to Rs 450 million of the corresponding period of the previous FY.

Decrease in sales can be attributed to the decrease its net profit.

In the review period, its income from sales decreased by 16.17 percent to Rs 620.3 million.

Along with its net profit, its EPS decreased to Rs 15.46. The company logged net worth per share of Rs 213.81 and P/E ratio of 21.79 times.

The company with Rs 3.08 billion in paid-up capital has reserve fund of Rs 3.51 billion.

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