Api Power’s Net Profit Declines

May 14, 2023 11:19 AM Merolagani

Api Power Company (API) has published its third quarter report of the current  FY. As per the company’s report, its sales income and net profit have declined in the review period compared to the corresponding period of the last FY.

The company that earned Rs 435 million in sales in the last FY has earned Rs 369.5 million this quarter. The sales declined by 15.08 percent during the period.

Decrease in sales has led to decline in net profit.

During the period, its net profit declined by 71.07 percent. The company that earned Rs 173.8 million in net profit in last FY has earned Rs 50.3 million in the review period of the current FY.

In the review period, its total profit declined by 21.96 percent and other income by 100.23 percent. Meanwhile, its total expenses increased by 21.08 percent.

The company with Rs 4.13 billion in paid-up capital has reserve fund of Rs 49.7 million.

The company logged EPS  of Rs 1.62, P/E ratio of 158.64 times  and net worth per share of Rs 101.20.

 

comments powered by Disqus

Api Power’s Net Profit Declines

Feb 13, 2023 11:59 AM

NRB Issues 3rd Quarterly Review of Monetary Policy (Full-Script Inside)

May 17, 2024 11:47 AM

Nepal Rastra Bank (NRB) has issued third quarterly review of Monetary Policy.

Gold and Silver Price Decline

May 17, 2024 10:42 AM

NOC Cuts Fuel Price

May 15, 2024 08:39 PM