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Muktinath Agriculture Company’s profit increases significantly

nabil bank

Kathmandu. Muktinath Agricultural Company Limited has published the revised financial statements till the fourth quarter of the last fiscal year. According to the statement, the company’s net profit has increased significantly compared to the same period of 2080/81.

At the end of the last fiscal year, the company had earned a net profit of Rs 100 million. This is an increase of 362.49 percent compared to the same period of the previous fiscal year. The company had posted a net profit of Rs 21.7 million in the same period of 2080/81.

The company’s net profit has increased significantly due to the increase in income and decrease in expenses. During the review period, the company’s operating income increased by 8.46 percent and total income increased by 47.21 percent. The company’s total expenses declined by 14.55 percent in the review period.

Along with the profit, the company’s earnings per share have also increased significantly. During the review period, the company’s earnings increased by Rs 11.26 to Rs 14.36.

As of mid-July, the company’s price-to-earnings ratio stood at 104.12 times and net worth per share was Rs 109.3. With a paid-up capital of Rs 700 million, the company has other equities of Rs 63.2 million.

 

Prabhu
sikhar insurance

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