Synergy & Himalayan Power net worth per share at Rs 83.13 & Rs 100 respectively

Synergy Power Company Limited (SPDL) has posted a net profit rise of 83.64% percent in the first quarter of the current FY 2074/75. According to the unaudited financial report published today, its net profit after income tax has rise to Rs 3.39 crore in first quarter of fiscal year 2074/75 from Rs 2.14 crore in the first quarter of the previous fiscal year 2073/74. It made an income of Rs 8.04 crore, mainly from selling electricity, by the end of the first quarter. Its share capital remains at Rs 70 crore with negative reserve of Rs 11.81 crore. Its annualized earning per share (EPS) stands at Rs 19.4, its net worth per share at Rs 83.13. Himalayan Power Partner Limited (HPPL) has posted published its financial report for the first quarter of FY 2074/75. Its share capital remains at Rs 1.06 arba. It had issued 21.50 lakh unit IPO shares to the general public from Ashad 1 to Ashad 5, 2074. Its net worth per share stands at Rs 100.00. Himalayan Power Partner Limited is developing a 27 MW Dordi ROR hydropower project along Dordi river in Lamjung district. The electricity generated from this project shall be connected to proposed Udipur Hub substation in Lamjung district; some 1.2 km away from the Dordi powerhouse. The company has planned commercial operation date by the end of Jestha 2075.