“Molung Hydropower’s IPO Release Followed by Disappointing Q4 Report; EPS at Rs. -1.42”


 

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Molung Hydropower Company Limited (MHCL) has released its Q4 financial report for the recently concluded fiscal year 2079-80, revealing a net loss of Rs. 1.14 crores. In comparison, during the same period in the previous fiscal year 2078-79, the company had recorded earnings of Rs. 55.46 lakhs.

The drop in net profits has led to a decrease in the company’s Earnings per Share (EPS), which now stands at Rs. -1.42. Additionally, the Net worth per Share has fallen below par, reaching just Rs. 75.80.

 

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