CEDB Holdings Limited (CHDC) Profit Increases by 290%
Author
Nepse trading
CEDB Holdings Limited (CHDC) has published its unaudited financial report for the second quarter of the fiscal year 2081/82. According to the report, the company's net profit has significantly increased compared to the same period last year.
Net Profit Surges by 290.58%
As of the end of Poush in the current fiscal year, the company has earned a net profit of NPR 209.4 million.
In the same period last year, the net profit was only NPR 53.6 million.
This marks an increase of 290.58% in net profit.
Revenue Growth of 224.33%
The company's service charges, interest, and other income increased by 224.33%, reaching NPR 2.301 billion.
In the same period last year, it was only NPR 709.69 million.
Total Expenses Increased by 38.91%
The company's total expenses rose by 38.91%, reaching NPR 1.387 billion.
Last year, the total expenses were NPR 998.8 million.
Earnings Per Share (EPS) Growth
The company's annualized EPS increased by NPR 27.73, reaching NPR 40.51 per share.
Last year, the EPS was only NPR 12.78.
Decline in Net Worth Per Share
The company's net worth per share stands at NPR 158.06.
Compared to last year, this has decreased by NPR 7.57.
Price-to-Earnings (P/E) Ratio
The company's P/E ratio is 40.21 times.
Last year, the P/E ratio was 87.63 times.
Paid-up Capital and Reserve Fund
The company has a paid-up capital of NPR 10.34 billion.
The reserve fund has accumulated NPR 6.004 billion.
CEDB Holdings Limited has delivered an exceptional financial performance in this quarter.
Strong revenue growth, controlled expenses, and a massive increase in net profit indicate the company’s solid financial health.
