Solu
USHEC Achieves 47.90% Q2 Net Profit Surge and Robust Revenue Growth
Upper Solu Hydro Electric Company Limited (USHEC) has reported a remarkable surge in net profit, demonstrating a substantial 47.90% increase during the second quarter (Q2) of the fiscal year 2080/81. The company’s profits escalated from Rs. 5.67 crores in the corresponding quarter of the previous year to an impressive Rs. 8.39 crores in the current […]
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Solu Hydropower and Taksar Pikhuwa Khola Hydropower Seek Approval for IPOs in Nepal
Solu Hydropower Limited’s Initial Public Offering (IPO) has been added to the approval pipeline of SEBON (Securities Board of Nepal). The company intends to issue 20,000,000 unit shares to both local and general investors, with the IPO expected to generate a total of Rs. 2 Arba. Nabil Investment Banking Limited has been designated as the […]
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Mid-Solu Hydropower Initiates IPO Offering: 6,21,172 Units Available for Public Subscription
Mid-Solu Hydropower Company Limited has initiated the issuance of 6,21,172 IPO shares, each with a par value of Rs. 100, starting from the 29th of Bhadra, 2080. The early closing date for this IPO issue is set for the 2nd of Ashwin, and in the event that it is not fully subscribed, the closing date […]
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“ICRA Nepal Reaffirms BB+ Issuer Rating for Mid Solu Hydropower, Signaling Moderate Default Risk”
ICRA Nepal Limited has reaffirmed the issuer rating of Mid Solu Hydropower Limited as BB+, which means they have a moderate risk of default in timely servicing of financial obligations. The rating is an overall opinion on the creditworthiness of the company and not tied to any specific debt instrument.
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Upper Solu Hydro Electric Company Reports Net Profit of 1.08 Crores in Q3; Financial Expenses Increased By Huge Margin of 244.73%
Upper Solu Hydro Electric Company Limited (USHEC) has released its unaudited third-quarter report for FY 2079/2080, reporting a net profit of Rs. 1.08 Crores, indicating a 78.98% decline from the relevant period of the previous fiscal year. The company’s paid-up capital remains at Rs. 1.35 Arba, and it has a negative reserve of Rs 3.64 […]
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Gurans Life Insurance Company Holds Annual General Meeting on Baisakh 06 to Approve 13.27% Bonus Dividend and Merger-Related Agendas
Gurans Life Insurance Company Limited (GLICL) has scheduled its 13th Annual General Meeting for the 6th of Baisakh, 2080. The meeting will begin at 10:30 a.m. that day at the company’s headquarters in Tinkune, Kathmandu. Among the other items on the agenda, the AGM will approve 13.2712772% bonus shares for fiscal year 2078/79. The […]
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Sahas Urja’s net profit fell 37.26% in the second quarter.
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 […]
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