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Sikles Hydropower’s Q2 Earnings Show Slight Growth; Debt Decreases
In the second quarter of the fiscal year 2080/81, Sikles Hydropower Limited (SIKLES) recorded a net profit of Rs. 6.29 crores, marking a slight uptick of 0.27% compared to the same period last year when it stood at Rs. 6.27 crores. During this timeframe, the company’s long-term loan decreased by 6.76%, reaching Rs. 1.26 […]
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Mandu Hydropower Q2 Earnings Surge by 11.78% Amidst Revenue Dip; Impressive 22.76% Reduction in Debt
Mandu Hydropower Limited (MANDU) demonstrates robust financial performance in the second quarter of Fiscal Year 2080/81, boasting an impressive 11.78% increase in earnings and achieving a net profit of 17.05 Crores. Notably, the company exhibits prudent financial management by reducing loans and borrowings by 22.76% to Rs. 2.12 Arba during this period. Despite a marginal […]
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Mountain Energy Nepal Limited (MEN) Records Marginal 1.63% Dip in Q2 Net Profit, Power Sales Revenue Slightly Decreases by 1.18%
In the second quarter of the fiscal year 2080/81, Mountain Energy Nepal Limited (MEN) experienced a marginal decline in net profit, registering a decrease of 1.63%. The net profit for this quarter amounted to Rs. 35 crores, down from Rs. 35.58 crores in the same quarter of the previous fiscal year. The company’s revenue derived […]
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“RADHI Reports Q4 Profit; Slight Dip in Revenue from Power Sales”
Radhi Bidyut Company Limited (RADHI) has reported a remarkable 121.33 percent increase in its net profits during the fourth quarter, reaching Rs. 11.27 crores for FY 2079-80. This substantial growth contrasts with the Rs. 5.09 crores earned in the same period of the previous fiscal year, 2078-79. The company’s primary income source, power sales, has […]
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“NEPSE Index Remains Steady with Slight Dip as Trading Volume Reaches Rs. 3.79 Arba”
The NEPSE index ended the day at 2,076.96, experiencing a slight decrease of 0.80 points or 0.04% compared to the previous closing. Yesterday, the index had gained 28.38 points. The trading day started with an opening value of 2,081.75 and reached a high of 2,102.09, while the lowest point was 2,067.85 before settling at […]
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“Nepse Index Ends Week with Slight 0.06-Point Dip at 2049.38 Level”
The Nepal Stock Exchange (NEPSE) Index ended the week with a minimal decline of 0.06 points, settling at a level of 2049.38. On Wednesday, NEPSE experienced a loss of 39.26 points, reaching a stagnant position of 2049.44. During today’s trading, the market opened at 2050.28 and reached a peak of 2064.57 points. However, it also […]
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Chilime Hydropower Company Limited reports a slight increase in net profit in Q3
Chilime Hydropower Company Limited (CHCL) has released its third-quarter unaudited report, showing a 1.34% increase in net profit. In this quarter, the company’s profit increased to Rs. 52.89 crores, compared to Rs. 52.20 crores in the corresponding quarter of the previous year. Despite the increase in net profit, the company has experienced a 2.33% decrease […]
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“Nepalese Stock Market Witnesses a Slight Decline with ANLB Leading Gains and SGHC Facing Losses”
Today, the Nepalese stock market index, NEPSE, experienced a decline of 0.23% and closed at 1,866.40, which is 4.27 points lower than the previous day’s close. During the trading day, the index reached a high of 1,878.96 and a low of 1,860.43 after opening at 1,871.63. The total turnover for the day was Rs. 69.22 […]
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Asian Life Insurance will support the 8.947% dividend.
Asian Life Insurance Company Limited (ALICL) has scheduled its 15th Annual General Meeting for the 18th of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day in Hotel Classic Simara, Bara. Among the other items on the agenda, the AGM will approve an 8.947% dividend of Rs. 26.01 crores for fiscal year […]
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Neco Insurance gave 15% bonus shares to demat accounts.
Neco Insurance Limited (NIL) has distributed 15% bonus shares to its shareholders’ DEMAT accounts. The company has requested that its shareholders dematerialize their shares. On the 15th of Magh, 2079, the company held its 27th AGM for the fiscal year 2078/79. The AGM approved a dividend of 15.79% for fiscal year 2078/79. On Mangsir 18, […]
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