Net Profit of Nepal Telecom Decreases

Aug 16, 2023 09:58 AM Merolagani



Nepal Telecom (NTC) has published its fourth quarter report of the last 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 net profit of Rs 7.80 billion which is 7.86 percent less compared to Rs 8.47 billion of the review period of the previous FY.

Decline in sales income can be attributed to decline in net profit.

The sales of the company declined by 2.94 percent to Rs 36.80 billion in the review period.

During the period, its financial income increased by 31.45 percent and other  income declined by 45.34 percent. Similarly, its total income increased by 1.11 percent.

The company with Rs 18 billion in paid-up capital has reserve fund of Rs 75.82 billion. It logged EPS of Rs 43.36, net worth per share of Rs 521.27 and P/E ratio of 20.92 times.




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