The newly listed hydropower company Himalayan Urja reported a net loss of Rs 5.22 lakhs

Wed, Aug 14, 2019 1:41 PM on Latest, Stock Market, Financial Analysis,

The newly listed hydropower company Himalaya Urja Bikas Company (HURJA) Limited reported a net loss of Rs 5.22 lakhs. The company has a negative reserve of Rs 1.26 crores. The company has collected Rs 13.52 lakhs of income from other sources.  

On 21st May, 2019, Nepal Stock Exchange Limited (NEPSE) listed 9,900,000 Units IPO Shares of Himalaya Urja Bikas Company Limited in the stock exchange market.

The EPS of the company is Rs 0.05. The company’s performance is yet to be observed in the days to come.