Sale

SEBON's Stricter Rules for Hydropower Companies: Enhancing Governance and Share Sale Protocols 3
Business | Market | Economy

SEBON’s Stricter Rules for Hydropower Companies: Enhancing Governance and Share Sale Protocols

  The Securities Board of Nepal (SEBON) is looking to make important changes to the rules governing hydropower companies, especially regarding the issuance of Initial Public Offerings (IPOs) and right shares. These changes will involve updates to the regulations related to registering and removing hydropower companies. Hydropower companies often raise capital by selling shares to

Prabhu Smart Fund Offers 255% Dividend Yield in 10 Years 13
Dividend

Prabhu Smart Fund Offers 255% Dividend Yield in 10 Years

The second plan of the Prabhu Capital Collective Investment Fund is now available for issue and sale as of 18 Falgun 2079. This fund issued 8 crore units worth Rs 80 crore at a fixed price of Rs 10 per unit. Prabhu Bank Ltd is the fund promoter of this plan, while Prabhu Capital Limited

Salt Trading Corporation's net profit increased by 47.39% in the second quarter, to Rs 14.86 per share. 15
Business | Market | Economy

Salt Trading Corporation’s net profit increased by 47.39% in the second quarter, to Rs 14.86 per share.

Salt Trading Corporation Limited (STC) has released its second-quarter report for fiscal year 2079/2080, which shows a 47.39% increase in net profit. The company’s net profit increased to Rs. 1.88 crores in Q2, 2079/2080 from Rs. 1.27 crores in the previous year’s corresponding quarter. The company’s sales revenue (revenue from operations) fell by 1.63% in

Sikles Hydropower Reports Q2 Sales Revenue of Rs 19.33 Crores 19
IPO | FPO

Sikles Hydropower Reports Q2 Sales Revenue of Rs 19.33 Crores

  Sikles Hydropower Limited (SIKLES) has posted a net profit of Rs. 6.27 Crores in the second quarter (Q2) of the current FY 2079/80. The company reported a total income from power sales amounting to Rs. 19.33 crores in this quarter, and income from other sources amounting to Rs 5.26 Lakhs for the second quarter (Q2)

A decrease in revenue and an increase in expenses resulted in a 36.41% 21
Dividend

A decrease in revenue and an increase in expenses resulted in a 36.41%

  Himalayan Distillery Limited (HDL) has reported its second-quarter report with a decline in net profit by 36.41%. The net profit decreased to Rs. 29.42 Crores in this quarter from Rs. 46.27 Crores in the corresponding quarter of the previous year. In this quarter, HDL reported a decline in sales revenue by 18.00%. The revenue decreased to

Mountain Energy Nepal Reports Net Profit of Rs 35.55 Crores for Q2 23
Dividend

Mountain Energy Nepal Reports Net Profit of Rs 35.55 Crores for Q2

Mountain Energy Nepal Ltd reported a profit (after tax) of Rs. 35.55 crores in the second quarter. Profit decreased by 16.52% in this quarter. The profit in the previous corresponding quarter was Rs. 42.63 crores. Tadi Khola (5 MW) and Mistri Khola (42 MW) generate revenue from electricity sales, which are invoiced to Nepal Electricity

Sanima Mai Hydropower Reports an 11.36% Drop in Net Profit 27
NEPSE NEWS

Sanima Mai Hydropower Reports an 11.36% Drop in Net Profit

Sanima Mai Hydropower Company Limited (SHPC) reported an 11.36% decrease in net profit in the second quarter (Q2) of fiscal year 2079/80. Profit declined to Rs. 32.92 crores in this quarter from Rs. 37.14 crores in the previous year’s equivalent quarter. Revenue from the sale of electricity has declined by 12.4% when compared to the

Purwanchal Lube Oil (PLO) Will Publish an Initial Public Offering (IPO); Prabhu Capital Limited Will Serve as Issue and Sales Manager 29
Dividend

Purwanchal Lube Oil (PLO) Will Publish an Initial Public Offering (IPO); Prabhu Capital Limited Will Serve as Issue and Sales Manager

Purwanchal Lube Oil (PLO) plans to issue 500,000 equity shares to the general public through an initial public offering (IPO), with Prabhu Capital Limited serving as the share issue and sales manager. On Magh 18, 2079, the two parties’ contract was completed. The agreement was signed by Mr. Bholeshwar Dulal, Managing Director of Purwanchal Lube

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