Kathmandu. Singti Hydro Energy Company has released its revised financial statements for the fourth quarter of the last fiscal year. The company had posted a net profit of Rs 149.99 million in the last fiscal year.

According to the company’s public statement, the company, which was in loss in the previous financial year, has reached profit in the last financial year. In the previous fiscal year, the company was negative at Rs 69.25 million.

Last year, the company’s electricity sales revenue increased. As a result, the company has made a profit from loss. During the review period, the company’s electricity sales revenue increased by 727.91 percent to Rs 677.1 million.

On the other hand, the company’s operating income also increased by 760.65 percent to Rs 675.22 million. During this period, the company’s other income increased by 920.46 percent. Total expenses of the company increased by 256.78 percent to Rs 6.68 million during the review period.

The company’s earnings per share stood at Rs 5.17 as of Mid-July. The company has a net worth of Rs 109.53 per share and a price earnings ratio of 55.75 times.