Chhyangdi Hydropower net loss arises to Rs 25.46 lakh from Rs 20.06 lakh; Net worth per share at Rs 100.02

Chhyangdi Hydropower Limited (CHL) has posted a net loss rise by 26.91 percent in the fourth quarter of the last fiscal year 2073/74. According to the unaudited financial report published today, its net loss after income tax has risen to Rs 25.46 lakh in fourth quarter of fiscal year 2073/74 up from Rs 20.06 lakh in the fourth quarter of the previous fiscal year 2072/73. CHL made an income of Rs 86.99 lakh, mainly from selling electricity, by the end of the fourth quarter, decreased from Rs 1.04 crore in the corresponding quarter. Its reserve fund has increased from negative Rs 35.48 lakh in the corresponding quarter of FY 2072/73 to Rs 55.35 thousands in the fourth quarter. Its share capital remains at Rs 27.00 crore. It has capital work in progress of Rs 4.16 crore in Upper Chhandu Khola Small Hydropower Project. Its current earning per share (EPS) is still negative at Rs 0.94 and net worth per share at Rs 100.02.