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Best Cement’s profit rises by Rs 850 million 

nabil bank

Kathmandu. Shrestha Cement has earned a profit of more than Rs 1 billion in the fourth quarter of the last fiscal year. The company’s profit has increased by Rs 855.21 million compared to the previous fiscal year.

At TAG_OPEN_div_24 the end of the previous fiscal year, the company earned a net profit of Rs 149.37 million, while the company earned a net profit of Rs 1.45 billion in the last fiscal year. During the review period, the company’s profit increased by 572.52 percent.

TAG_OPEN_div_22 The company’s sales revenue has increased in the last fiscal year. The company’s sales revenue increased by 49.87 percent to Rs 9.55 billion in the last fiscal year compared to the previous fiscal year. In the previous fiscal year, the company’s sales income was Rs 6.37 billion. The company’s profit has also improved due to improvement in sales earnings.

TAG_OPEN_div_20 The company’s net profit stood at Rs 2.06 billion in the last fiscal year. The company’s total profit has increased by 173.01 percent compared to the previous fiscal year.  Similarly, the company’s other revenue surged 218.02 percent to Rs 161.969 million during the period. In the previous fiscal year, the company’s other income was Rs 50.93 million.

The company’s total expenses have increased. The total expenditure of the company increased by 54.38 percent to Rs 614.189 million compared to the previous fiscal year. In the previous fiscal year, such expenditure was Rs 614.18 million.

TAG_OPEN_div_16 The company’s earnings per share have also increased significantly. During the review period, the company’s earnings increased by Rs 16.98 to Rs 20.19. In the previous fiscal year, the company’s earnings per share was Only Rs 3.21. In the last fiscal year, the net worth of the company was Rs 202 per share. The net worth of the company was Rs 198.83 in the previous fiscal year.

As of last fiscal year TAG_OPEN_div_14, the paid-up capital of the company stood at Rs 4.97 billion while other equities stood at Rs 4.73 billion.

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