Himal Dolakha Hydropower Reports Net Loss of Rs. 6.50 Crores; Sales Revenue Decreased by 23.68% in Q1
Fri, Nov 18, 2022 11:35 AM on Latest, Financial Analysis, Stock Market,
Himal Dolakha Hydropower Company Limited (HDHPC) has published the unaudited first-quarter report for FY 2079/2080. As per the report, the company has reported a Net loss of Rs. 6.50 Crores, whereas the company was operating in net loss of 8.63 Crores in the relevant quarter of previous year.
The company’s paid-up capital remains at Rs. 1.60 Arba. Similarly, the company has a negative reserve of Rs 55.58 Crores.
The company made a sale of electricity worth Rs. 1.80 crore, which has declined by 23.68% for the Q1 of FY 79/80.
Likewise, the operating expenses has decreased for this period. The company reported Administrative expenses of Rs. 2.73 Lakhs which has decreased by 79.76%.
The EPS of the company stood at Rs. -4.07 and Net worth per share stood at Rs. 65.26.
Major Financial Highlights
| Particulars (Rs in 000) | Himal Dolakha Hydropower | ||
| Q1 2079/80 | Q1 2078/79 | Difference | |
| Paid Up Capital | 1,600,000.00 | 1,600,000.00 | 0.00% |
| Retained Earnings | (555,807.24) | (454,943.92) | 22.17% |
| Net Fixed Assets | 1,664,114.30 | 1,678,091.32 | -0.83% |
| Investments | 300,000.00 | 300,000.00 | 0.00% |
| Advance, Loans and Deposits | 263,784.77 | 312,551.39 | -15.60% |
| Sale of Electricity | 18,048.24 | 23,648.61 | -23.68% |
| Gross Profit | 10,149.59 | 13,308.53 | -23.74% |
| Administrative Expenses | 273.35 | 1,350.79 | -79.76% |
| Finance Cost | 60,950.33 | 31,445.18 | 93.83% |
| Net Profit | (65,051.12) | (86,347.25) | |
| EPS (In Rs.) | (4.07) | (5.40) | -175.34% |
| Net Worth per Share (In Rs.) | 65.26 | 71.57 | -8.81% |
