Chilime Hydropower earned the highest profit Out of 10 hydropower companies

Feb Fri 2022 02:10:32

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Chilime Hydropower earned the highest profit Out of 10 hydropower companies

Kathmandu. Of the 45 hydropower companies listed on the stock exchange, only 10 have so far released their financial statements for the second quarter.

The highest profit this year has been earned by Chilime Hydropower. Chilime Hydropower has the highest share in terms of amount. This year, Chilime Hydropower has generated Rs. It has made a net profit of over Rs 401.2 million. Out of ten companies, net profit of seven companies has increased this year as compared to last year and one company is in net loss. One company has managed to make a profit by rectifying the loss while another company has been reducing the loss.

Barun Hydropower has increased its profit the most this year. The net profit of Barun Hydropower has increased by 132.43 percent over the previous year. Till this period last year, Rs. 87.93 million net profit of Rs. It has made a profit of more than 24 million. Along with Barun Hydropower, the net profit of Panchthar Power has increased by 64.77 percent, Ankhukhola Hydropower by 25.50 percent, Ruru Hydropower by 19.61 percent, Arun Valley Hydropower by 10.10 percent, Arun Kabeli by 9.63 percent and Chilime Hydropower by 2.24 percent.

This year, Ghalemdi Hydropower has raised Rs. 2 million 7 thousand net profit. Till this period last year, the company earned Rs. 96.72 million was in net loss. This year, the company has managed to make a profit by rectifying the losses. Similarly, the net profit of National Hydropower has decreased by 39.18 percent this year as compared to last year. Last year, Rs. National Hydropower, which has made a net profit of over Rs. It has made a net profit of only Rs 85.49 million. Only Madhya Divyashwori Hydropower is at a loss this year.

Divyashwori Hydropower's net loss has come down this year due to increase in total revenue and decrease in financial expenses. Last year, Rs. The company, which has a total revenue of over Rs 43 million, has raised Rs. The total income is more than 58 million.