Kathmandu: The net profit of Api Power Company has increased by 37.72% to Rs. 173.891 million in the third quarter of the current fiscal year.
It had earned a net profit of Rs. 126.267 million in the corresponding period of the previous year. The company’s net profit has increased along with the increase in revenue from sale of electricity during this period.
During this period, the company’s revenue from electricity sales has increased by 51.01% and reached Rs. 435 million 96 thousand.
It had earned Rs. 288.11 million from the sale of electricity in the corresponding period of the previous year. As of mid-April, its earnings per share is Rs 8.40 and net worth per share is Rs 109.54.