Khani Khola Hydropower reports net loss of Rs 6.68 crore till Q2; Net worth per share at negative of Rs 7.57
Wed, Feb 12, 2020 12:25 PM on Financial Analysis, Latest, Stock Market,
Khani Khola Hydropower Company Limited (KKHC) has published its unaudited financial report of the second quarter for FY 2076/77. The net loss decreased to Rs.6.68 Crore in this quarter from a net loss of Rs.7.17 Crore in the corresponding quarter of the previous FY 2075/76.
KKHC has made income from the sale of electricity of Rs.2.52 Crore by the end of the second quarter falling from Rs.3.27 Crore in the corresponding quarter of the previous year.
Its current paid-up capital stands at Rs.46.57 Crore with Rs.50.09 Crore as a negative reserve fund. The net worth per share is at a negative of Rs. 7.57. The company has one of the poorest financials amongst all the listed companies in NEPSE.
