Eastern Hydropower's Profit Increases With Increase in Income

Dec 05, 2023 07:36 AM Merolagani



Eastern Hydropower Company (EHPL) has published its first quarter report of the current  FY.

As per the company’s report, its net profit has increased compared to the corresponding period of the last FY.

During the period, the company earned net profit of Rs 15.5 million which is 55.89 percent growth compared to Rs 9.9 million of the review period of the last FY.

Increase in sales income can be attributed to the increase in the net profit.

 The company earned Rs 46.6 million from sales compared to Rs 45.3 in the corresponding period of the last FY.

Meanwhile, its totoal expenses declined to Rs 13.3 million and financial expenses to 14 million.

The company with Rs 6.2 million in paid-up capital has reserve loss of Rs 147.2 million.

The company logged EPS of Rs 2.51, P/E ratio of 130.69 times and net worth per share of Rs 76.24.




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