Sikles Hydropower Limited (SIKLES) has posted a net profit of Rs. 6.27 Crores in the second quarter (Q2) of the current FY 2079/80.
The company reported a total income from power sales amounting to Rs. 19.33 crores in this quarter, and income from other sources amounting to Rs 5.26 Lakhs for the second quarter (Q2) for the Fiscal Year 2079/2080.
Makar Jitumaya Suri Hydropower Company Limited is closing the issue of its IPO to the Nepalese citizens working abroad from today i.e. on 29th Magh and has extended the IPO issue deadline for project-affected locals till 15th Falgun, 2079. The issue had opened on 15th Magh, 2079.
The issued capital of the company is Rs. 76 Crores of which 10% i.e. 7,60,000 unit shares worth Rs. 7.6 crores have been allocated to project-affected locals of Dolakha District. Meanwhile, 20% of the company’s issued capital i.e. 15,20,000 unit shares will be issued later for the general public. Of this public issue, 10% of the shares totaling 152,000 units shares have been allocated for Nepalese citizens working abroad, the issue of which will close today.
Asian Hydropower Limited will issue 6,97,200 unit shares with a face value of Rs 100 starting today, March 27th, 2079. The company expects to earn Rs 6.97 crore from this IPO. This issue’s early closing date is Falgun 2, 2079, and if it is not fully subscribed, it can be extended until Falgun 12, 2079. Out of the total 840,000 units, 10%, or 84,000 units, have already been issued and allotted to Nepalese citizens working abroad, 2%, or 16,800 units, have been set aside for the company’s employees, and 5%, or 42,000 units, have been set aside for mutual funds. The remaining 6,97,200 units will be available to the general public.
API Power Company Ltd. (API) shares were the most actively traded, with a total turnover of Rs. 5.86 crores at a market price of Rs. 302 per share.Barahi Hydropower Public Limited (BHPL) gained the most, gaining 10% and closing the day on a good note.
Nabil Balanced Fund-3 (NBF3), on the other hand, lost the most today, losing 5.75%.Only one sector finished in the negative today, “Mutual Fund,” which lost 0.20%, while “Development Bank” gained the most, 1.46%.
Molung Hydropower Company Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO).
From the 4th of Falgun, 2079, the company will issue 22,64,655 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 22.64 crore for the company. This issue’s early closing date is the 10th Falgun, and if it is not fully subscribed, it can be extended until the 18th Falgun, 2079.
Molung Hydropower Company Limited has distributed IPO shares to project participants and Nepalese citizens working abroad. The allotment program ended on the 24th of Magh, 2079, and money will be refunded to non-allottee applicants beginning on the 29th of Magh, 2079.
The company’s issued capital is Rs. 80.25 crores, of which 10%, or 8,02,500 unit shares worth Rs. 8.02 crores, were allocated to project-affected Okhaldhunga District residents. And in the meantime, beginning in Falgun 04, 34% of the company’s issued capital, or 27,28,500 unit shares, will be made available to the general public. 10% of the shares totaling 272,850 units were allocated for Nepalese citizens working abroad in this public issue, which was opened on Poush 19 and closed on 3rd Magh, whereas the issue was opened on Poush 19 and closed on 3rd Magh.
Sahas Urja Limited’s net profit fell 37.26 percent in the second quarter of the current fiscal year 2079/80. The hydroelectric firm reported in its unaudited financial report for the second quarter published today that its net profit declined to Rs 21.59 crore in the second quarter of the fiscal year 2079/80 from Rs 34.42 crore in the comparable period of the previous fiscal year 2078/79.
The share capital stands at Rs. 3.50 arba, with reserves at Rs. 2.31 arba. Its annualized EPS is Rs. 12.34, its net worth per share is Rs 166.13, and the firm is traded at a P/E ratio of 46.02 times.
The 86 MW Solu Khola (Dudh Koshi) Hydropower Project is currently under construction by the business. Because Solu Khola is still in the process of internal testing, the money from energy sales has not yet begun, and the other income reported in the financial statement is unreal because it is earned using the NFRS system’s IFRIC 12: Service Concession Arrangement basis.
Sanima Mai Hydropower Company Limited (SHPC) reported an 11.36% decrease in net profit in the second quarter (Q2) of fiscal year 2079/80. Profit declined to Rs. 32.92 crores in this quarter from Rs. 37.14 crores in the previous year’s equivalent quarter.
Revenue from the sale of electricity has declined by 12.4% when compared to the same quarter last year. The lower revenue is attributable to the expiration of the Posted Rate Facility Agreement for the Mai Hydropower Project (15.6 MW), as well as poor hydrological conditions throughout the quarter. As a result, the net profit for the fiscal year 2079/080’s second quarter ended 11.36% lower than the previous year’s quarter ended. In addition, the business spent over Rs. 2.34 Arba in associates, which climbed by 91.06% in this quarter.
Ankhukhola Hydropower Company Limited (AKJCL) has released its Q2 financial report for fiscal year 2079/80, which shows a 29.43% decrease in net profit to Rs. 2.66 crores. During the previous fiscal year’s same quarter, the firm generated a net profit of Rs.3.77 crores.
Total revenue during the second quarter was down 10.43% to Rs. 12.23 crores as compared to total revenue through the second quarter of FY 2078/079.
On 8th Bhadra 2070, Ankhu Khola-1 (8.4 MW) was linked to the National Grid. The firm would receive a grant of Rs. 4.62 crore from the Nepal Government for its installed capacity of 8.4 MW. This money has not been included in revenue since it has not yet been received from the Nepal Government.
Administrative and general expenditures climbed by 30.95% in the second quarter, while finance expenses reduced by 10.67% to Rs. 5.30 Crores.
The company’s current paid-up capital is Rs.80 crore, with a negative reserve fund of Rs.21.20 crore. With this capital, the capital declared an EPS of Rs. 6.66 and a net value per share of Rs.73.50.
Today, Dibyashwori Hydropower Limited (DHPL) released its second-quarter report for fiscal year 2079/80.
The hydropower has a net loss of Rs. 76.86 lakhs until the month of Poush, according to the unaudited financial report. In the same quarter of the previous fiscal year 2078/79, the company reported a net loss of Rs. 15.56 lakhs.
The Securities Exchange Board of Nepal (SEBON) has approved the proposed IPO issue of Menchhiyam Hydropower Limited on Magh 19.
The company will now issue 1,627,750 equity shares at a par value of NPR 100 each. The amount of the issue is Rs. 16.27 Crore. This is 30% of the company’s issued capital. The total paid-up capital after the IPO allotment would be Rs 54.25 crore of the company.
Sanima Middle Tamor Hydropower Limited has closed the issue of its initial public offering (IPO) to Nepalese citizens working abroad as of today’s banking hours, Magh 18, and has extended the IPO issue deadline for project-affected locals until 4th Falgun, 2079. The issue had begun on the 4th of Magh, 2079.
The company’s issued capital is Rs. 3.33 Arba, of which 10%, or 33,32,500 unit shares worth Rs. 10 crores, have been allocated to project-affected Taplejung District residents. Meanwhile, 15% of the company’s issued capital, or 49,98,750 unit shares, will be made available to the general public later. This public issue, which will close today, has allocated 10% of the shares totaling 499,875 units to Nepalese citizens working abroad.