Manakamana Engineering Hydropower Company has published its financial report for the fourth quarter of the current fiscal year.
By the end of Ashadh, the company’s losses had decreased slightly. At the end of Ashadh in the previous fiscal year, the company had a loss of Rs. 41.64 million. By the end of Ashadh this year, the loss had reduced to Rs. 20.80 million.
During this period, the company earned Rs. 120.37 million by selling electricity. This is a 10.11% increase compared to the same period last year.
Financial expenses also dropped by 26.82%, now totaling Rs. 67.88 million.
By the end of Ashadh, the company’s net profit had increased by 7.29%, and other income had grown by 833.75%.
However, the earnings per share (EPS) remain negative at Rs. 2.60. Despite this, the company’s net worth per share stands strong at Rs. 63.77, reflecting stability in its overall market position.
