Divyashwari Hydropower’s Losses Shrink: Q4 Financial Report Analysis
Are you keeping up with the latest in Nepal’s hydropower sector? Let’s dive into the recent financial performance of Divyashwari Hydropower Limited. This financial news will help you stay informed about the Nepalese stock market.
The Q4 report for fiscal year 2080/81 reveals some positive developments. While Divyashwari Hydropower still incurred a loss, it has significantly reduced its losses compared to the previous year. The company reported a loss of 4.5 million Nepalese Rupees (NPR) in the fourth quarter of FY 2080/81. This is a considerable improvement from the 39.1 million NPR loss reported during the same period in the previous fiscal year. This shows a positive trend for hydroelectric companies in Nepal.
What’s driving this improvement? The primary factors are increased electricity sales revenue and a decrease in financial expenses. Electricity sales for the period saw a healthy increase. The company’s revenue from electricity sales increased by 11.22%, reaching 89.9 million NPR. This rise in revenue is a positive indicator for Divyashwari Hydropower stock. Overall, the company’s total revenue rose by 10.95%, and their total profit increased by 14.84%. This is good news for shareholders interested in investing in Nepal.
Looking at the broader picture, the company’s paid-up capital stood at 260 million NPR as of the end of Ashar (mid-July). The retained earnings and accumulated profit were a negative 255 million NPR. The earnings per share (EPS) is a negative 1.73 NPR, and the net worth per share is 3.40 NPR. Understanding these figures is crucial for any potential investor doing financial analysis of the company.
Stay informed about the Nepalese economy and the performance of hydropower companies! Keep an eye on this company’s stock price and financial statements. For all the latest on Nepali stocks and market trends, be sure to follow us on Facebook for easy access to the Q4 financial reports of other Nepali companies.
