Dibyashwari Hydropower Reports Net Loss of Rs 76.86 Lakhs in Q2; Net worth Per Share at Only Rs. 12.69
Fri, Feb 3, 2023 10:42 AM on Financial Analysis, Stock Market, Latest,
Dibyashwori Hydropower Limited (DHPL) has published its second-quarter report for the FY 2079/80 today.
According to the unaudited financial report, the hydropower shows a net loss of Rs. 76.86 lakhs till the month of Poush. The company reported net loss of Rs. 15.56 lakhs in the same quarter of last FY 2078/79.
DHPL has made a regular income from power sales of Rs 5.23 crore by the end of Q2 of the current fiscal year.
Its current paid-up capital stands at Rs 26.40 crore with Rs 23.05 crore as a negative reserve fund.
It has reported negative earnings per share of Rs. 5.82 and net worth per share is at Rs. 12.69.
Management Analysis: During this quarter period, there has been an increase in the project and liquidity compared to the same period of last year. Since Nepal Electricity Authority has been managing the voltage on the 33 KV transmission line since Bhadra 2078, the project is fully producing and increasing the income. Also, actions are being taken according to the business plan of other projects.
| Particulars (In Rs '000) | Dibyashwari Hydropower | ||
| Q2 2079/80 | Q2 2078/79 | Difference | |
| Paid Up Capital | 264,000.00 | 264,000.00 | 0.00% |
| Reserve Funds & Accumulated Profit | -230,507.00 | -206,982.00 | |
| Property, Plant & Equipment | 783,306.00 | 814,517.00 | -3.83% |
| Revenue from Power Sales | 52,349.00 | 50,462.00 | 3.74% |
| Administrative Expenses | 1,770.00 | 1,145.00 | 54.59% |
| Finance Expenses | 37,731.00 | 28,391.00 | 32.90% |
| Net Profit | -7,686.00 | -1,556.00 | |
| EPS (In Rs.) | -2.91 | -0.59 | |
| Net Worth per Share (In Rs.) | 12.69 | 21.60 | -41.26% |
| Qtr end PE Ratio (times) | - | - | - |
| Qtr End Market Price | 255 | - | - |
