Sanima Mai Hydropower’s Net Profit Declines

Nov 10, 2022 10:06 AM Merolagani



Sanima Mai Hydropower (SHPC) has published its first quarter financial report of the current FY. As per the report, its net profit has decreased compared to the corresponding period of the last FY.

In the review period, the company earned a net profit of Rs 232.4 million. The net profit decreased by 4.42 percent compared to Rs 243.1 million of the corresponding period of the previous FY.

Decrease in sales can be attributed to the decrease its net profit.

In the review period, its income from sales decreased by 6.43 percent. Similarly, its total operating profit decreased by 8.59 percent and total profit by 7.43 percent.

Along with its net profit, its EPS decreased to Rs 7.52. The company logged net worth per share of Rs 155 and P/E ratio of 33.51 times.




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