Ankhukhola Hydropower Sales Revenue Decreases by 10.43% to Rs. 12.23 Crores; Net Worth Per Share Stands at Rs 73.50
Sun, Feb 5, 2023 12:19 PM on Latest, Financial Analysis, Stock Market,
Ankhukhola Hydropower Company Limited (AKJCL) has published the Q2 financial report for the FY 2079/80 with a decline in net profit by 29.43% to stand at Rs. 2.66 Crores. During the corresponding quarter of last fiscal year, the company reported a net profit of Rs.3.77 Crores.
Total Revenue up to the second quarter has been decreased by 10.43% to Rs. 12.23 crores as compared to total revenue up to the second quarter of FY 2078/079. Ankhu Khola-1, (8.4 MW) has been connected to National Grid on 8th Bhadra 2070. Being installed capacity of 8.4 MW, the company will get grant of Rs. 4.62 crore from Nepal Government. This income has not been included in revenue as it is not received yet from Nepal Government.
Administrative & General Expenses for second quarter has been increased by 30.95% whereas the finance expenses have decreased by 10.67% to stand at Rs. 5.30 Crores.
The current paid-up capital of the company stands at Rs.80 Crore with a negative reserve of Rs.21.20 Crore in reserve fund. With this capital, the capital reported it’s Earning per share (EPS) at Rs. 6.66 posted net worth per share of Rs.73.50.
Major Financial Highlights
| Particulars (In Rs '000) | Ankhu Khola Jalvidhyut | ||
| Q2 2079/80 | Q2 2078/79 | Difference | |
| Paid Up Capital | 800,000.00 | 800,000.00 | 0.00% |
| Other Equity | -212,031.27 | -225,580.50 | |
| Property, Plant & Equipment | 1,807,568.37 | 1,830,239.11 | -1.24% |
| Advances & Receivables | 100,510.25 | 103,371.94 | -2.77% |
| Revenue | 122,326.87 | 136,576.07 | -10.43% |
| Administrative Expenses | 5,102.39 | 3,896.57 | 30.95% |
| Finance Expenses | 53,064.97 | 59,400.17 | -10.67% |
| Net Profit | 26,658.63 | 37,775.10 | -29.43% |
| EPS (In Rs.) | 6.66 | 9.44 | -29.43% |
| Net Worth per Share (In Rs.) | 73.50 | 71.80 | 2.36% |
| Qtr end PE Ratio (times) | 33.91 | - | - |
| Qtr End Market Price | 226 | - | - |
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