Arun Kabeli Power Strengthens Financial Position with Increased Electricity Sales Revenue

Arun Kabeli Power Limited (AKPL) has released its unaudited financial report for the second quarter of the current fiscal year 2081. According to the disclosed details, the company has transitioned from losses to profitability through electricity sales revenue.

Electricity Sales Revenue:

• As of the end of Poush in the current fiscal year, the company generated Rs. 337.7 million from electricity sales.

• In the same period last year, the company had no revenue from electricity sales.

Net Profit:

• In the second quarter of the previous fiscal year, the company recorded a loss of Rs. 3.105 billion.

• This year, for the same period, the company reported a net profit of Rs. 58.9 million.

Earnings Per Share (EPS):

• The annual EPS of the company for the second quarter of the current fiscal year stands at Rs. 3.03.

Net Worth Per Share:

• As of the end of Poush, the company’s net worth per share has reached Rs. 96.90.

Price-to-Earnings (PE) Ratio:

• The company’s PE ratio is recorded at 77.34 times.

Reserve Fund:

• The company’s reserve fund remains negative by Rs. 120.8 million.

Paid-up Capital:

• The paid-up capital of the company stands at Rs. 3.8959 billion.

Other Key Insights:

The company has successfully reduced its expenses while increasing profitability. As of the end of Poush, total expenses have decreased by 42.10%, while financial expenses have also dropped by 31.90%.

Arun Kabeli Power Limited has achieved significant growth in electricity sales revenue, transitioning from losses to profitability. This improvement indicates a stronger financial position for the company in the coming days.