Shivam Cements Limited's Financial Report Published: Decline in Net Profit
Author
Nepse trading

Shivam Cements Limited has published its unaudited financial report for the second quarter of the current fiscal year 2081/82 (up to Poush end). According to the report, the company's operating income, profit, and other financial indicators have decreased compared to the same period last fiscal year.
Decline in Operating Income
The company has reported an operating income of Rs. 3.10 billion up to the end of Poush in the current fiscal year, which is an 11.88% decrease compared to Rs. 3.52 billion in the same period last year.
Drop in Net Profit
During the review period, the company's net profit decreased by 61.77% to Rs. 56.8 million. In the first six months of the previous fiscal year, this profit was Rs. 148.6 million.
Other Indicators
Total Profit:
The company's total profit declined by 20.63%.Other Income:
Other income decreased by 27.97%.Total Expenses:
Total expenses also declined by 12.38%.
Decline in Earnings Per Share (EPS)
The company's earnings per share (EPS) dropped by Rs. 3.83 to Rs. 2.08 during the review period.
Price-to-Earnings (PE) Ratio
The company's price-to-earnings (PE) ratio stands at 255.76 times.
Other Financial Details
Paid-Up Capital:
The company's paid-up capital has reached Rs. 5.45 billion.Reserve Fund:
The reserve fund has accumulated Rs. 4.10 billion.Net Worth Per Share:
As of Poush end, the company's net worth per share stands at Rs. 175.31.
Shivam Cements Limited appears to be facing financial challenges. With a decline in operating income and profit, it is expected that the company will adopt further measures to improve its performance in the coming periods.