Tag: Year

  • “Ankhukhola Hydropower Sales Revenue Drops by 11.09% to Rs. 15.4 Crores, Net Worth Per Share Falls Below Par Value at Rs. 71.25”

    “Ankhukhola Hydropower Sales Revenue Drops by 11.09% to Rs. 15.4 Crores, Net Worth Per Share Falls Below Par Value at Rs. 71.25”


     

    Ankhukhola Hydropower Company Limited (AKJCL) has released their Q3 financial report for the FY 2079/80, revealing a significant decrease of 71.59% in net profit compared to the same quarter in the previous year, with the current net profit standing at Rs. 86.52 Lakhs. Total revenue up to the third quarter of FY 2079/079 has also decreased by 11.09% to Rs. 15.4 crores. However, AKJCL will receive a grant of Rs. 4.62 crore from the Nepalese government for the installation of Ankhu Khola-1, which has not yet been included in their revenue. Additionally, the company has signed an agreement to invest 60% in Ganesh Himal Hydropower’s 20 M.W. Ankhu Khola-2 Hydropower project. The administrative and general expenses have increased by 18.37%, while the finance expenses have decreased by 7.26%. The paid-up capital of the company stands at Rs. 80 crore with a negative reserve of Rs. 23 crore in reserve fund, and the company reported an annualized EPS of Rs. 1.44 and net worth per share of Rs. 71.25.

  • “Himalaya Urja Bikas Company Limited reschedules 22nd AGM with new agenda items”

    “Himalaya Urja Bikas Company Limited reschedules 22nd AGM with new agenda items”


    Himalaya Urja Bikas Company Limited (HURJA) has announced that its 22nd Annual General Meeting (AGM) will now be held on 9th Jestha, 2080. The meeting was originally scheduled for 29th Poush, 2079, but was rescheduled. The AGM will take place at Arpan Banquet in Nayabaneshwor, Kathmandu, starting at 11 am on the specified day.

    The agendas for the AGM include endorsing the annual report for the fiscal year 2078/79 prepared by the board of directors, approving the auditor’s report for the same period, appointing an auditor for the fiscal year 2079/80, and approving their compensation. The meeting will also appoint Mr. Suman Sharma Chaulagain as a Director and propose to increase the authorized and issued capital of the company to Rs. 2.5 Arba. The company will also endorse 1:1 (100%) right shares from the paid-up capital of Rs. 99 Crores and manage capital received after issuance of rights shares.

    Investors who held shares of HURJA before the book closure date of Poush 18 will be able to attend the AGM.

     

  • Aatmanirbhar Laghubitta reports a decline in Q3 net profit by 27.64%

    Aatmanirbhar Laghubitta reports a decline in Q3 net profit by 27.64%


    Aatmanirbhar Laghubitta Bittiya Sanstha Limited (AATMA) has reported a 27.64% decrease in net profit for Q3 of FY 2079/2080 compared to the same quarter of the previous fiscal year, according to its unaudited financial report. The company’s net profit declined to Rs. 4.46 crores from Rs. 6.1 crores in the corresponding quarter of the previous year. The decline in net profit is due to a decrease in net interest income by 17.19% and an increase in impairment charges by 437.70%, which caused the operating profit to decrease by 43.09%. AATMA’s borrowing stands at Rs. 8.53 Arba, while its loans declined by 11.38% to Rs. 1.27 Arba. The company recently issued an IPO of 1,69,755 units worth Rs. 1.69 crore to the public.

  • 6.5% Bonus Shares of Guheshowori Merchant Banking Listed in NEPSE

    6.5% Bonus Shares of Guheshowori Merchant Banking Listed in NEPSE


    Guheshowori Merchant Banking and Finance Limited (GMFIL) has recently listed 6,17,760 unit bonus shares on the Nepal Stock Exchange (NEPSE). The company had held its 21st Annual General Meeting on 27th Magh, where a dividend of 6.84% was approved for the fiscal year 2078/79. The board of directors had decided to distribute the dividend on the paid-up capital of Rs. 95.04 Crores, which included 6.50% bonus shares worth Rs 6.17 Crores and a 0.34% cash dividend worth Rs 32.51 Lakh (including tax on bonus shares). These same bonus shares are now available for trading on the NEPSE, and as of now, the company’s Last Traded Price (LTP) stands at Rs. 303.10.

  • Global IME Balanced Fund 1 and Mega Mutual Fund 1 Release Last Month’s NAV Report

    Global IME Balanced Fund 1 and Mega Mutual Fund 1 Release Last Month’s NAV Report


     

    The “Global IME Balanced Fund – 1 (GIBF1)” NAV report for Chaitra has been released.

    The “Global IME Balanced Fund – 1” is a closed-end fund with a 10-year maturity horizon. The fund size of Global IME Balanced Fund – 1 is Rs. 1.02 Arba.

     

  • Citizens Mutual Fund 1 Reports NAV and Net Profit Increase in Chaitra

    Citizens Mutual Fund 1 Reports NAV and Net Profit Increase in Chaitra


    Citizens Mutual Fund-1 (CMF1), a 7-year closed-end mutual fund scheme, has released its monthly report for Chaitra 2079.

    According to the report, a mutual fund’s Net Assets Value (NAV) fell slightly from Rs. 9.18 to Rs. 9.19. The program, which began with a sum of Rs. 82 crores, has invested Rs. 48.38 crores in listed company shares and Rs. 4.91 crores in non-listed company shares. This program invested Rs. 3 crores in fixed-income assets, Rs. 15.86 crores in debentures, and Rs. 3.4 crores in bank balance.

     

  • NEPSE Bonus Shares of Garima Bikas Bank and Arun Valley Hydropower Development Company

    NEPSE Bonus Shares of Garima Bikas Bank and Arun Valley Hydropower Development Company


    NEPSE has listed 59,68,135.55 unit bonus shares of Garima Bikas Bank Limited (GBBL).

    On Poush 22, the bank had its 16th AGM and approved a 14.5% dividend of Rs. 66.56 crores for fiscal year 2078/79. On Kartik 24, 2079, the board of directors voted to pay a 14.5% dividend on the paid-up capital of Rs. 4.59 Arba. There was a proposal for 13% bonus shares worth Rs. 59.68 crores and a 1.50% cash dividend (including tax) worth Rs 6.88 crores. NEPSE now lists the same bonus shares.

     

  • Supermai Hydropower earns a profit of Rs. 4.825 crores in the third quarter.

    Supermai Hydropower earns a profit of Rs. 4.825 crores in the third quarter.


     

    Supermai Hydropower Limited (SMH) reported a 41.20% decrease in net profit in the third quarter (Q3) of the current fiscal year 2079/80. Profit declined to Rs. 4.835 crores in this quarter from Rs. 8.22 crores in the previous year’s equivalent quarter.

     

  • Losses for Laxmi Capital Market Mutual Fund Schemes in Chaitra Reduce; SLK’s NAV Maintains At 9.67

    Losses for Laxmi Capital Market Mutual Fund Schemes in Chaitra Reduce; SLK’s NAV Maintains At 9.67


    Laxmi Equity Fund (LEMF), a closed-end 7-year equity-oriented mutual fund scheme administered by Laxmi Capital Market Limited, showed a modest increase in NAV to Rs. 10.03 at the end of Chaitra from Rs. 9.93 the previous month.

    The plan started with a fund amount of Rs. 1.25 crore. Arba has invested Rs. 77.67 crores in publicly traded shares of several firms.

    LEMF has invested Rs. 15.36 lakh in IPOs and Rs. 5.41 crore in bonds/debentures. This mutual fund has Rs. 13.5 crores in fixed deposits and a bank balance of Rs. 27.78 crores.

    It declared a net loss of Rs. 20.17 crores until the end of Chaitra. The previous month’s loss was Rs. 21.36 crores.

  • Bottlers Nepal (Terai) Limited Inviting Shareholders to Claim Overdue Dividend

    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 copies of the appropriate papers, to the company’s share registrar Nabil Investment Banking Limited, Naxal, Kathmandu.

    Otherwise, the uncollected due dividend shall be put in the “Investor Protection Fund” under section 182 (9) of the Companies Act, 2063.

  • NRB’s 8.87% Development Bond 2085 ‘Chha’ has been listed on the NEPSE.

    NRB’s 8.87% Development Bond 2085 ‘Chha’ has been listed on the NEPSE.


    The Nepal Stock Exchange (NEPSE) has announced the listing of a new government bond, 8.87% Development Bond 2085 ‘Chha’.

    Nepal Rastra Bank issued the government bond. The 8.87% Development Bond 2085 ‘Chha’, with a face value of Rs. 10 Arba and a maturity period of 6 years, was issued on Chaitra 22, 2079.

    As a result, the bond will maturity on December 22, 2085.

  • Support Laghubitta’s Q3: Net Profit decreased by 42.33% to Rs 63.32 Lakhs, NPL decreased by 3.25%, and EPS decreased by 8.86%.

    Support Laghubitta’s Q3: Net Profit decreased by 42.33% to Rs 63.32 Lakhs, NPL decreased by 3.25%, and EPS decreased by 8.86%.


    Support Laghubitta Bittiya Sanstha Limited (SMB) has issued its unaudited financial report for Q3 of FY 2078/79, with a net profit of Rs 63.32 Lakhs, a decrease of 42.88%. Microfinance had a net profit of Rs 1.75 crore in the prior year’s similar quarter.

    It has received Rs 28.78 Crore in deposits, Rs 98.04 Crore in borrowings, and Rs 1.39 Arba in loans. The company’s paid-up capital is Rs 9.52 crore, and it has a reserve of Rs 3.65 crore.

    Net interest income was Rs 4.52 crore in the third quarter, down from Rs 5.42 crore in the previous year’s equivalent quarter. Operating earnings fall 65.7% to Rs 60.35 Lakhs.