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Hathway Investment Company’s net profit rises 30.31%

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Kathmandu. Hathway Investment Nepal Limited has published its unaudited financial results for the second quarter of the fiscal year 2081÷82. According to the public reports, most of the income indicators are positive as the net profit of the company has increased significantly, while some indicators have also seen a decline.

The company earned a net profit of Rs 1,94,43,000 in the first quarter of the current FY. It was 30.31 percent higher than Rs 1,49,21,000 in the same period last year. The company’s net profit increased due to an increase in operating income.

During the review period, the company’s operating income increased by 76.17 percent to Rs 9.88 crore and total income by 74.74 percent to Rs 9.76 crore. The company’s total expenses increased by 115.25 percent to Rs 7.91 crore.

The company’s earnings per share (EPS) increased by Rs 0.17 to Rs 1.23 per share. However, net worth per share fell to Rs 67.38 from Rs 73.38 in the same period a year ago. It was 15 rupees. The company’s PE ratio has come down to 720.90 times.

In the review period, the company has paid-up capital of Rs 15.85 crore and reserve fund of Rs 55.12 crore.

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