Trade Tower Limited reports huge profit drop in Q4. Trade Tower Limited, which recently launched its IPO, saw a massive fall in net profit this quarter. The company’s profit fell from 2.13 crore to just 1.3 lakh, a drop of 99.38 percent.
Even though profits dropped sharply, total revenue increased. The company earned 19.47 crore this quarter, which is 75.56 percent higher than the same period last year.
Why Trade Tower Profit Drop?
The main reason for the profit fall is the rise in expenses. Costs went up by 122.91 percent to reach 10.13 crore. Finance costs also added pressure, totaling 4.34 crore this quarter.
Financial reports of Trade Tower Limited
- Earnings per share (EPS): NPR 0.03
- Net worth: 105.93 NPR
- Liquidity ratio: 0.58%
Trade Tower Limited’s Q4 results show a mixed picture. Revenue grew, but rising costs almost wiped out profits. Investors will be closely watching the company’s performance in the next quarter.
