Rasuwagadhi Hydropower reports net loss in this quarter; Project might not be completed within the targeted date
Wed, May 26, 2021 11:01 AM on Latest, Financial Analysis,
Rasuwagadhi Hydropower Company Limited (RHPL) has reported negative net profit in this quarter of FY 2077-78.
Its reserve fund stands at Rs. 22.64 crores with share capital at Rs 6.15 Arba.
As per the management, its project of 111 MW has been 80% completed and the company expects to complete the project till Ashad-end of 2078 BS. The company has maintained its capital at the ratio of 50-50%. It received its loans from Employee Provident Fund (EPF) at the rate of 9.75% which the company agreed to pay the interest every 3-months of project construction.
The company sits in a liquidity position of 0.25 times. The acceptable ratio is 1.5 times.
Its annualized earning per share stands at Rs. -0.53. The net worth per share at Rs 96.32.
We apologize for the previous headline
Major Highlights:
|
Particulars |
Rasuwagadhi Hydropower Company Limited |
||
|---|---|---|---|
|
Q3, 2077/2078 |
Q3, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
6,157,890.00 |
6,157,890.00 |
- |
|
Reserve & Surplus |
-226,449.00 |
-192,770.00 |
- |
|
Plant and Property |
133,909.00 |
150,510.00 |
-11.03% |
|
Capital WIP |
14,080,513.00 |
10,732,142.00 |
31.20% |
|
Borrowings |
7,812,030.00 |
5,687,430.00 |
37.36% |
|
Revenue from Operations |
0.00 |
0.00 |
- |
|
Administrative Expenses |
19,290.00 |
29,565.00 |
-34.75% |
|
Financial Expenses |
0.00 |
9,522.00 |
- |
|
Net Profit |
-24,643.00 |
-64,026.00 |
-61.51% |
|
Earnings per share (Rs.) |
-0.53 |
-1.39 |
- |
|
Net worth per share (Rs.) |
96.32 |
96.87 |
-0.56% |
|
P/E Ratio (times) |
- |
- |
- |
|
Current Ratio (times) |
0.25 |
- |
- |
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