Kathmandu. Ghorahi Cement Industry Limited has published the revised financial statements for the fourth quarter of the last fiscal year. According to the company’s statement, the net loss has decreased compared to the same period of the previous fiscal year 2080/81.

The company suffered a loss of Rs 660 million in the last fiscal year as compared to Rs 1.44 billion in the previous fiscal year. The company’s net loss has decreased with the decline in sales income.

During the review period, the company’s sales income increased by 12.79 percent to Rs 5.05 billion. Similarly, the company’s total profit increased by 232.54 percent. The company’s financial expenses increased by 17.10 percent to Rs 892 million in the review period.

The company has a paid-up capital of Rs 4.56 billion and a reserve fund of Rs 4.04 billion. As of Mid-July, the company’s earnings per share was negative at Rs 14.46 and net worth per share was Rs 188.47.