Kathmandu. Hulas Wire Industries of Golchha Group has a turnover of Rs 37.5 billion in a year. The company’s business declined compared to the previous year. The company had a turnover of Rs 8.51 billion in 2024. The company had a turnover of Rs 6.05 billion in 2023, Rs 3.83 billion in 2024 and Rs 4.86 billion in 2021.

The company has a rating of Rs 7.29 billion for long-term and short-term loan. The company has rated Rs 2.93 billion for long-term loan and Rs 4.35 billion for short term loan.

The company was established in 1979 and was converted into a public company in 2006. The company has two manufacturing units. The company produces 55,000 metric tons of GI wire, 14,400 metric tons of gabian boxes, 2,375 metric tons of HB wire, 3,000 metric tons of ribbed wire, 450 metric tons of barbed wire, 1,200 metric tons of wire nails, 5,560 metric tons of brass and 2,200 metric tons of copper sheets.

Similarly, the company has been producing 172,800 metric tons of rod and narrow strip coal, 86,400 metric tons of MS billet and 36,000 metric tons of MS black pipe annually.

Paras M Golchha has 34 percent stake in the company, while Raj Laxmi Golchha has 17 percent stake. The company is currently led by Yukti Golchha. He is the managing director of the company.