Kathmandu. Api Power Company Company for the current fiscal year 2082. The company has published its unrevised financial statements for the first quarter of 83 months (July-September).
According to the financial report, Api Power has earned a net profit of Rs 26.27 crore in the first three months of the current FY. Last year, 2081. The company had posted a net profit of Rs 18.17 crore in the same period. The profit of the company increased by 44.61 percent compared to the previous year.
In the review period, the company earned Rs 53.84 crore by selling electricity. The company had posted a net profit of Rs 47.52 crore in the same quarter last year. The company’s revenue increased by 13.31 percent compared to the previous year.
The company’s operating profit stood at Rs 39.12 crore as of mid-September of the current FY. It had fallen by 0.79 percent compared to the same period last year. The company had posted a net profit of Rs 39.44 crore in the same period last year.
The company has a paid-up capital of Rs 6.07 billion which has an annual earnings of Rs 17.30 per share. In the previous year, the earnings per share was Rs 12.56. The company has a net worth of Rs 114.74 per share with a P/E ratio of 15.62 times.
