Khani Khola Reports Net Loss in Third Quarter; Company’s Trading Recently Got Suspended

Sun, Jun 6, 2021 8:33 AM on Company Analysis, Latest,

Khani Khola Hydropower Company Limited (KKHC) has reported a net loss in the third quarter (Q3) of the current FY 2077/78. The company reported a net loss of Rs. 9.90 crores.

KKHC has sold electricity worth Rs. 7.26 crores in this quarter. 

Its reserve fund stands at Rs. -66.20 crores with share capital at Rs 46.57 crores.

The company sits in a liquidity position of 0.06 times. The acceptable ratio is 1.5 times.

Its annualized earning per share stands at Rs. -28.35. The net worth per share stood at Rs. -21.27 in this quarter.

NEPSE recently suspended the trading of Khani Khola Hydropower Company Limited (KKHC).

Click here for the Q3 report

Major Highlights:

Particulars

Khani KHola Hydropower

Q3, 2077/2078

Q3, 2076/2077

Difference

Paid-Up Capital

465,714.30

465,714.30

-

Reserve & Surplus

-662,001.28

-535,288.59

-

Plant, Property and Equipment

839,304.21

911,841.12

-7.95%

Borrowings

864,586.85

876,366.00

-1.34%

Total Income

72,612.42

36,667.02

98.03%

Administrative Expenses

33,862.03

15,512.77

118.28%

Financial Expenses

86,401.17

63,472.37

36.12%

Net Profit

-99,057.16

-101,226.48

-

Earnings per share (Rs.)

-28.35

-28.98

-

Net worth per share (Rs.)

-21.27

-21.74

-

P/E Ratio (times)

-

-

-

Current Ratio (times)

0.06

-

-