Liberty Energy Company Ltd has published the third quarter (Q3) report of the current FY 2078/79. The profit decreased to Rs. 1.9 crores in this quarter from Rs.3.4 crores in the corresponding quarter of the previous year.

LEC has not reported revenue from the sale of electricity as the upper Dordi “A” Hydropower Project (25 MW) owned by a company located in the Lamjung district is still under construction.  

The company made an investment of Rs. 10 Lakhs in this fiscal year. Similarly, the retained earnings of the company stand at negative Rs. 17.08 Crores with share capital at Rs. 1.50 Arba. At this capital, the annualized earning per share stands at Rs. -1.33.

The management has clarified that the…


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