Tag: operating

  • “Himalayan Laghubitta’s Q4 Sees Shrunken Operating Profit and Net Profit Due to Core Business Revenue Decline.”

    “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 its overall profitability negatively.

  • “CZBIL Reports Increased Net Profit, EPS at Rs. 15.59”

    “CZBIL Reports Increased Net Profit, EPS at Rs. 15.59”


     

    Citizens Bank International Limited (CZBIL) has released its fourth-quarter report for the recent financial year, showing a Net Profit of Rs. 2.21 Arba. This represents a growth of 10.41 percent compared to the profits of the same quarter in the previous financial year 2078-79. The company’s core revenue stream, Net Interest Income, has risen by 17.30 percent to reach Rs. 5.85 Arba in the fourth quarter of FY 079-80. Additionally, the Operating profit of the company has increased by 13.42 percent, amounting to Rs. 3.07 Arba.

     

  • Infinity Laghubitta Bittiya Sanstha Limited Reports Decreased Net Profit in Q3, with Decline in Core Revenue and Operating Profit

    Infinity Laghubitta Bittiya Sanstha Limited Reports Decreased Net Profit in Q3, with Decline in Core Revenue and Operating Profit


    Infinity Laghubitta Bittiya Sanstha Limited (ILBS) has released its third-quarter report for the current fiscal year, showing a decreased net profit of Rs. 1.38 crores. In the corresponding quarter of the previous fiscal year, the company had recorded a profit of Rs. 11.83 crores.

    The microfinance company’s net interest income, which is its core revenue, has decreased by 24.19% to Rs. 19.30 crores in the third quarter of the current fiscal year, compared to Rs. 25.47 crores generated in the same period of FY 2078/79.

    ILBS’s operating profit has experienced a significant decline of 88.48%, amounting to Rs. 1.94 crores up to the third quarter of the ongoing fiscal year. Additionally, the non-performing loan (NPL) of the company has nearly tripled, reaching 14.04%.

    Furthermore, minor fluctuations have been observed in the company’s deposits, borrowings, and personnel expenses, with changes of -1.02%, -6.32%, and 6.77% respectively, as indicated in the third-quarter report.

    Infinity Laghubitta maintains a paid-up capital of Rs. 49.74 crores, along with Rs. 17.96 crores in the form of reserve and surplus, which includes reserves and retained earnings.

    The company’s earnings per share (EPS) ratio is lower at Rs. 3.70, while the net worth per share stands at Rs. 136.11.

    At the end of the third quarter, the company’s closing price was Rs. 644.90.

  • NMB Laghubitta Bittiya Sanstha Limited Reports Significant Decline in Net Profit for Q3 FY 2079/80

    NMB Laghubitta Bittiya Sanstha Limited Reports Significant Decline in Net Profit for Q3 FY 2079/80


    NMB Laghubitta Bittiya Sanstha Limited (NMBMF) has released its third-quarter report for the fiscal year 2079/80, revealing a significant decline in net profit. The company’s net profit stood at Rs. 1.15 crores, representing a decrease of 89.80% compared to the same quarter of the previous fiscal year.

    Personnel expenses reported by the company for the first three quarters of the current fiscal year witnessed a slight increase of 5%, totaling Rs. 17.14 crores. Meanwhile, the operating profit experienced a substantial decline of 90% and reached Rs. 1.61 crores during the same period. The net interest income, which represents the core revenue of the microfinance institution, also decreased to Rs. 25.96 crores, reflecting a decline of 25.85% compared to the corresponding quarter of FY 078/79.

    However, concerning financial performance, NMBMF faced challenges as the non-performing loan (NPL) ratio more than doubled, reaching 8.97%. This increase indicates a higher proportion of loans in default or showing signs of financial distress.

    In terms of earnings per share (EPS), the company reported a slump to Rs. 2.34, while the net worth per share stood at Rs. 164.73 for NMBMF.

    At the end of the third quarter of the current fiscal year, the quarter-end price of NMBMF’s shares was Rs. 525.

  • The capital market downturn has resulted in a significant reduction in Hathway Investment Nepal’s profitability.

    The capital market downturn has resulted in a significant reduction in Hathway Investment Nepal’s profitability.


    Hathway Investment Nepal Limited (Hathway), Nepal’s first private-equity investment firm, generated Rs. 1277 million in operating income (OI) in fiscal year 2022. For FY 23, the company has projected an operating income of around Rs. 116 million.

    ICRA Ratings has assigned a long-term rating of LBBB to Hathway for long-term loans totaling Rs. 147.7 million and an A3 rating to the short-term fund totaling Rs. 852.3 million.

     

  • Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power’s Net Profit Company to Issue 50% Right Shares

    Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power’s Net Profit Company to Issue 50% Right Shares


    Ridi Power Company Limited (RIDI) reported a 95.81% decrease in net profit in the second quarter (Q2) of the current fiscal year 2079/80. Profit declined to Rs. 1.96 crores in this quarter from Rs. 46.98 crores in the previous year’s equivalent quarter.

    In this quarter, the firm recorded total income of Rs. 18.92 crores, a 71.94% reduction from the previous year’s similar period.

    According to management, there has been no substantial change in the organization’s balance, income, or liquidity during this quarter. The operations are carried out in accordance with the company’s business plan. During this quarter period, as the company’s interest climbed, the income decreased, and it is projected that the profit will improve when the interest expenditure reduces in the future days, and the income will improve from the following quarter.

    It has a reserve resource of Rs. 50.25 crores and a share capital of Rs 1.10 Arba. For Fiscal Year 2078/79, the corporation additionally proposed 40% bonus shares worth Rs. 44,25,43,200 and a 2.10% cash dividend (including tax) of Rs 2,32,33,518. The firm has capitalized these extra dividends, resulting in an increased paid-up capital of Rs. 1.54 Arba.

    Furthermore, the business intends to issue 77,44,506 rights shares (1: 0.50 ratio right shares) to shareholders. Following SEBON clearance, this will be given from the paid-up capital of Rs. 1.54 Arba.

    Its annualized earnings per share are Rs 3.56, its net value per share is Rs 145.43, and its P/E ratio is 153.94.

  • Increased Operating Expenses Caused a 13.89% Drop in National Hydro Power’s Net Profit for Q2; Company to Issue 50% Right Shares Soon

    Increased Operating Expenses Caused a 13.89% Drop in National Hydro Power’s Net Profit for Q2; Company to Issue 50% Right Shares Soon


     

    National Hydro Power Company Limited (NHPC) reported a 13.89% decrease in net profit in the second quarter (Q2) of the current fiscal year 2079/80. Profit decreased to Rs.73.61 Lakhs in this quarter from Rs.85.49 Lakhs in the previous year’s corresponding quarter.

    NHPC has collected a total of Rs. 5.58 crores in revenue as of the end of Q2. On the other hand, the company reports an increase in administrative expenses of 80.30% and interest expenses of 32.42%, both of which have impacted NHPC’s profitability for this quarter.

    Click here for Q2 report

    Particulars (In Rs ‘000) National Hydro Power
    Q2 2079/80 Q2 2078/79 Difference
    Paid Up Capital 1,645,016.94 1,385,911.20 18.70%
    Reserve & Surplus 31,208.52 260,869.69 -88.04%
    Property, Plant & Equipment 1,019,246.10 944,175.30 7.95%
    Advances & Receivables 121,077.76 415,807.48 -70.88%
    Provisions 15,826.10 5,306.75 198.23%
    Revenue 55,893.70 55,513.74 0.68%
    Administrative Expenses 9,373.60 5,198.92 80.30%
    Finance Expenses 8,123.08 6,134.55 32.42%
    Net Profit 7,361.97 8,549.26 -13.89%
    EPS (In Rs.) 0.90 1.23 -27.45%
    Net Worth per Share (In Rs.) 101.90 118.82 -14.24%
    Qtr end PE Ratio (times) 280.43 – –
    Qtr End Market Price 251 – –

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  • How Does The Stock Market Work?

    How Does The Stock Market Work?


    How does the stock market work? In a nutshell, the stock market is a market place for business people. Goods are sold to the public in a public market. However, in the stock market, the public is sold share. Shares are the form in which company stock is sold. When a person purchases more shares in a company, they have a higher ownership in that company.

    In the stock market, there is the primary market and the secondary market. In the primary market, companies sell shares to investors to raise financing for their operating expenses. In the secondary market, investors buy and sell shares in companies to other investors. Constantly changing market conditions are the basis of those buy and sell decisions.

    A stock market operates much like an auction house, with a systematic way of buying and selling. The system in the stock market involves a great deal of bustling activity. Often there are people running around frantically, shouting and gesturing at one another.

    The purchase and sale of stock starts at various places. A broker is contacted if a person wants to buy stocks in a certain company. The broker will take the investor’s money to the stock exchange to coordinate with a floor broker.

    In most cases, the floor broker works for the company selling stock. Right on the stock exchange floor, brokers buy the desired stock for the investor. Once the deal is made, it is communicated to a broker and the investor then becomes a stockholder of that particular company.

    Investors may decide to sell their stock. Usually investors want to sell their stock when the price per share increases so they can realize a profit on their investment. For example, a person may purchase 100 shares at the price of $25 per share. When the price increases to $35 per share, the person can sell the 100 shares and make a profit of $1,000.

    The driving force behind the stock market is the basic economic principal of supply and demand. The number of stocks open to the public is the supply. The number of shares that investors what to purchase affects the demand of the stock in a certain company.

    The constant change in the cost of stock is a result of conditions in other markets. For example, if people feel that the economy is growing they are apt to purchase more stocks. However, when the economy is in a decline, the majority of investors tend to sell off their stocks. On the flip side, some investors use this time to buy because the stock prices are usually at a discount.

    There are quite a few business people who make long term investments in the stock market. In some situations, stocks go down in value and a stockholder loses money. There is no guaranteed profit when investing in the stock market. Thus, when a person is flexible and able to handle the constant changes of the stock exchange they are more likely to experience a profit.

    So this is how the stock market works. In the end, patience, education and experience usually equals greater long term success.

  • How to install Windows 11 if your PC does not meet minimum requirements

    How to install Windows 11 if your PC does not meet minimum requirements


    Microsoft released Windows 11 earlier today, along with updated minimum hardware requirements. Many people have already complained on Twitter that their relatively new hardware, such as Microsoft’s Surface Book 2 (released in 2017) and even newer hardware, isn’t compatible. This is due to the fact that Microsoft now requires the presence of a TPM 2.0 module in the device, as explained below by the Twitter handle @KorokuGaming:

    Open Windows Powershell and type get-tpm to see if your device has the compatible TPM; here’s an example from one of our recently built gaming rigs:

    Windows 11 screenshots

    In a nutshell, if you are planning to try out Windows 11 then you’ll need the minimum specs below:

    • 1Ghz 64-bit dual-core processor
    • 4GB RAM
    • 64GB storage
    • 9-inch display (1366×768 resolution)
    • UEFI, Secure Boot
    • TPM 2.0
    • DirectX 12 compatible graphics / WDDM 2.x

    Windows 11 screenshots

    If you get the above message when running the Windows PC Health Check app, there’s still a way to get Windows 11 next week when it’s released to Insiders. You’ll need to opt into the Dev channel of Windows Insiders within Windows 10, and you’ll get the build automatically when it’s released, minimum specs be damned.

    To join Windows Insiders, go to All Settings > Update & Security > Windows Insider Program (you may be prompted to enable Optional Diagnostic & Feedback), then click Get started and select the Dev channel if it’s available (you may have to restart Windows in order to switch channels).

    The complete process is outlined in this post at the Windows Insider Blog:

    All Windows Insiders who have already been installing builds from the Dev Channel on their PCs up through June 24, 2021 will be allowed to continue installing Windows 11 Insider Preview builds even if their PC does not meet the minimum hardware requirements.

    People who choose to get Windows 11 Insider builds despite the fact that their device isn’t eligible may experience bugs that will never be fixed, which could lead to them being flagged as having an incompatible device when reporting bugs to Microsoft.

    Windows 11
    Come here my pretty!

    Furthermore, if you run into issues and decide to reinstall Windows by hard-resetting your computer, those devices will be automatically opted out of Windows 11 Insider Preview builds and will not be able to upgrade to Windows 11. These devices will be treated as new PCs, according to Microsoft, and the minimum hardware requirements will be enforced.

    Finally, when Windows 11 is made generally available, which means when the final build is released, those PCs will be removed from the flighting program and will have to reinstall Windows 10 from scratch.