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“Himalayan Laghubitta’s Q4 Sees Shrunken Operating Profit and Net Profit Due to Core Business Revenue Decline.”
In the last quarter of fiscal year 2079-80, the company witnessed a significant decline in both Net Operating Profit (core revenue) and Operating Profit, dropping by 24.52 percent and 79.04 percent, respectively. The core revenue shrank by nearly a quarter, reaching Rs. 20.23 crores. Additionally, the company faced Rs. 1.32 crore in impairment charges, impacting […]
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Radhi Sana Hydropower Project’s 4.4 MW Capacity Put on Hold Due to Flood Damage
The Radhi Sana Hydropower Project, with a capacity of 4.4 MW and owned by Radhi Bidyut Company Limited (RADHI), has come to a halt due to flooding. The recent flood and landslide on Ashad 22 caused significant damage to the project’s headworks and head race pipe, resulting in the suspension of energy production. Located in […]
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Ghorahi Cement Optimistic about IPO Resumption after SEBON Investigation
.Ghorahi Cement Industry Limited has expressed its belief that the Securities Board of Nepal (SEBON) will restart the process of issuing initial public offerings (IPOs) after conducting a thorough investigation. In a press release, the company addressed the dissemination of false information aimed at tarnishing its reputation in relation to its IPO issuance. The […]
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Iwa Khola Hydropower Project Faces Disruption in Commercial Electricity Production Due to Flood Damage
The Iwa Khola Hydropower Project, with a capacity of 9.9 MW and operated by Ridi Power Company Limited (RIDI), is currently facing disruptions in its commercial electricity production. The interruption is a result of damages caused by recent floods in the area. RIDI released a press statement informing that both units of the Iwa Khola […]
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Attention Shareholders: Claim Your Outstanding Dividends from Sanima Mai Hydropower Limited (SHPC) Now
Sanima Mai Hydropower Limited (SHPC) has issued a notification directed towards shareholders who have not yet received their entitled dividend payments. The company urges these shareholders to take necessary action to claim their outstanding dividends, which were approved during various Annual General Meetings (AGMs). In order to receive the due dividends, shareholders are required to […]
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Due to Violation of NRB’s Guideline, 15% Dividend of RULB Canceled
Nepal Rastra Bank (NRB) Cancels Dividend Proposal of Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) The dividend proposal put forth by Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) has been canceled by the Nepal Rastra Bank. During the 86th meeting of the board of directors held on Baisakh 13, the company had proposed a 15% […]
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Bindhyabasini Hydropower Development Company Limited Reports a 48.81% Decrease in Q3 Net Profit Due to Machinery Breakdown
Bindhyabasini Hydropower Development Company Limited (BHDC) has published its Q3 report of FY 2079/80, reporting a 48.81% decrease in net profit. The company’s net profit has reached Rs. 6.41 crores in this quarter compared to Rs. 12.53 crores in the corresponding quarter of the previous year. The company’s total revenue stood at Rs. 21.02 crores, […]
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“National Hydro Power reports Q3 net loss of Rs. 2.29 Crores due to increased interest expenses; announces plans to issue 50% right shares”
In the third quarter (Q3) of the current fiscal year 2079/80, National Hydro Power Company Limited (NHPC) reported a net loss of Rs. 2.29 Crores, compared to a profit of Rs. 3.27 Crores in the corresponding quarter of the previous year. The company’s total revenue till the end of Q3 was Rs. 2.91 crores. However, […]
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Bottlers Nepal (Terai) Limited Inviting Shareholders to Claim Overdue Dividend
Bottlers Nepal (Terai) Limited (BNT) has sent a notification to stockholders who have not yet received their dividend payments. Even after 5 years of dividend distribution, some shareholders are still to receive their dividends from the corporation. Investors who have not claimed the dividend should show their share certificate and evidence of identification, along with […]
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The NEPSE Index increased by an incredible amount due to the decline in interest rates. 92.22 out of 100
The NEPSE index closed at 1,963.55 today, up 92.22 points from the previous trading day’s close. This represents a 4.93% increase. Yesterday, the index rose 27.31 points. In the last three days, the index has gained approximately 125.07 points. Today’s opening price for the index is 1,871.46, which is also the intraday low. In contrast, […]
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