Supermai Hydropower Limited (SMH) reported a 41.20% decrease in net profit in the third quarter (Q3) of the current fiscal year 2079/80. Profit declined to Rs. 4.835 crores in this quarter from Rs. 8.22 crores in the previous year’s equivalent quarter.
Highlights:
- Sikles Hydropower Reports Q2 Sales Revenue of Rs 19.33 Crores
- Sanima Mai Hydropower Reports an 11.36% Drop in Net Profit
- Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power’s Net Profit Company to Issue 50% Right Shares
- Decrease in Sales Revenue and Increase in Finance Cost Results 33.12% Decline in Net Profit of Supermai Hydropower for Q2
- The revenue generated by Ankhukhola Hydropower has decreased by 10.43% to Rs. 12.23 crores.