Singati Hydro Energy posts a net profit of Rs. 14.99 crore, reversing last year’s losses amid significant revenue growth.
Singati Hydro Energy Limited has returned to profitability, reporting a net profit of Rs. 14.99 crore for the fourth quarter of the fiscal year 2081/82. This marks a significant turnaround from the same period last year when the company faced a loss of Rs. 6.92 crore.
The improvement follows a remarkable increase in electricity sales revenue, which surged by 727.91% to reach Rs. 67.71 crore. In addition, operational income rose by 760.65%, and other income increased by 920.46% during the same period.
Despite the revenue growth, the company’s total expenses also rose by 256.78%.
As of the end of Ashad month, Singati Hydro Energy’s earnings per share (EPS) stood at Rs. 5.17, while its net worth per share reached Rs. 109.53.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
Buddha bhumi Nepal Hydropower Reports Rs. 2.25 Crore Loss in Q4 – Bajarko Chirfar English
