IME Life New

Shivam Cement’s net profit crosses Rs 1.5 billion

SPIL
Global College
Nepal Life New

Kathmandu. Shivam Cement is the current fiscal year 2082. The company has published its unrevised financial statements for the first quarter (July-September) of 2018.

According to the financial report, Shivam Cement has earned a profit of Rs 20.96 crore in the first half of the current FY. Last year, 2081. The company had posted a net profit of Rs 1.27 crore as of mid-September 2018. The company’s profit increased by 1538.16 percent in the review period compared to the previous year.

Crest

In the review period, the company earned Rs 1.53 billion from the sale of products. The company had posted a net profit of Rs 1,400 crore in the previous fiscal year. The company’s revenue increased by 9.03 percent.

As of mid-September of the current fiscal year, the company’s business expenses stood at Rs 1.20 billion. In the previous fiscal year, the company’s business expenses were Rs. 1.30 billion. The company’s business expenses decreased by 3.37 percent in the review period compared to the previous year.

The company has paid-up capital of Rs 5.45 billion with EPS of Rs 15.37 and net worth per share of Rs 192.18.

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