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Upper Solu Hydro’s profit improves, what are the other indicators? 

. Upper Solu Hydro Electric Company has published its unaudited financial statements for the fourth quarter of the last fiscal year. According to the company’s financial report, the company has earned a net profit of Rs 20.87 crore in the same period of the last FY.

This is an increase of 84.4 TAG_OPEN_div_14 1 percent compared to the same period of the previous fiscal year. The company had posted a net profit of Rs 11.32 crore in the same quarter last year. The company’s net profit has increased significantly due to the decrease in financial expenses despite the increase in electricity sales income.

{{TAG_OPEN_div_12} The company’s electricity sales income increased by 1.97 percent to Rs 738.2 million by the end of July. The company had posted a net profit of Rs 72.40 crore in the same period last year.

Similarly, the company’TAG_OPEN_div_10 s financial expenses decreased by 29.58 percent to Rs 199.89 crore in the review period. The company’s earnings per share also increased. The company’s earnings per share increased by Rs 7.07 to Rs 15.46 in the review period. As of mid-July 2018, the company has a net worth per share of Rs 119.02 and P/E ratio of 31.62 times.

The company has a paid-up capital of Rs 1.35 billion and other equity of Rs 25.67 crore.TAG_OPEN_div_8

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