Arun Kabeli Power’s Sales Decline Due to Flood

Aug 15, 2023 11:39 AM Merolagani



Arun Kabeli Power Company (AKPL) has published fourth quarter report of the last FY. As per the report, its net profit  and sales declined compared to the corresponding period of the previous FY.

During the period, it earned net profit of Rs 672,000 which is 99.59 percent less than Rs 163.7 million of the previous FY.

Decline in sales  and increase in expenses can be attributed to a decline in net profit.

In the review period, it sales income declined by 9.45 percent to Rs 653.2 million due to flood occurred on June 13 and 17.

As per the company it has claimed compensation of 358.1 million from insurance companies which has not been approved till date, thus, it was not included in income in the financial report.

Along with its net profit, its EPS declined to Rs 0.03. The company logged net worth per share of Rs 100.79.

The company with Rs 2.04 billion in paid-up capital has reserve fund of Rs 16 million.

 




Gold and Silver Price Record Big Gains

Aug 11, 2026 10:49 AM

The gold and silver price have recorded big gains on August 11. 

Gold Price Declines, Silver Gains

Aug 10, 2026 10:56 AM

Gold and Silver Price Decline

Aug 12, 2026 10:46 AM

Gold Price Declines, Silver Gains

Aug 13, 2026 10:57 AM