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Ghorahi Cement Reduces Net Loss to Over Rs 3.5 Billion

SPIL
Nepal Life

Kathmandu. Ghorahi Cement Industry in the current fiscal year 2082. The company has made public the unaudited financial statements for the third quarter (July-March) of 2018.

According to the financial report, the company has incurred a loss of Rs 15.86 crore in the first nine months of the current FY. Last year, 2081. The company had posted a net loss of Rs 55.43 crore in the quarter of March 2018. The company’s losses decreased in the review period compared to the previous year.

Esewa
Crest

In the review period, the company earned Rs 3.55 billion by selling products. The company had posted a net profit of Rs 3.52 billion in the same period last year. The company’s revenue increased by 0.70 percent in the review period compared to the previous year.

The company has a paid-up capital of Rs 5.02 billion and retained earnings of Rs 793.2 million and share premium of Rs 2.65 billion. In the previous year, the company had posted a net profit of Rs 1.48 billion and a share premium of Rs 2.65 billion.

The company’s annual earnings per share (EPS) during the review period stood at 3.16 percent and net worth per share of Rs 168.99.

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