Kathmandu, November 15
Himalayan Distillery’s profit has risen along with its revenue.
The company earned Rs 1.76 billion in revenue in the first quarter of the current fiscal year, up from Rs 1.07 billion in the same period last year. With the increase in revenue, its net profit has risen 2.38 times.
In the first quarter, the company made a net profit of Rs 214.9 million, compared with Rs 90.2 million in the corresponding period of the previous fiscal year. Its annualised earnings per share (EPS) has reached Rs 23.32, up from Rs 9.79 earlier.
The company’s net worth per share stands at Rs 147.49, while its shares are currently trading at Rs 1,302 each. Last year, it distributed 20 percent bonus shares and a 5 percent cash dividend. The dividend for this year has yet to be announced.
