Mountain Hydro reports decline in net loss reaching Rs 1.06 crore; Net worth per share below par at Rs 90.67

Wed, Feb 12, 2020 12:55 PM on Financial Analysis, Latest, Stock Market,

Mountain Hydro Nepal Limited (MHNL) has reported a net loss of Rs 1.06 crore for Q2 of 2076/77. The company had a net loss of Rs 4.58 crore in the Q2 of last year.

MHNL's revenue from power sales is Rs 13.76 crore. Its paid-up capital stands at Rs 1.25 arba with a negative reserve of Rs 11.65 crore.

It has Rs 5 crore as an investment in subsidiaries.

As of Q2 of FY 2076/77, the company's EPS is negative, net worth per share stands at Rs 90.67 and the liquidity ratio stands at 0.29 times.

Second Quarter Report