Nepal Warehousing Company reported Loss

Artha Kendra Artha Kendra
Wed, Jan 31, 2024 08:39 AM
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Nepal Warehousing Company Limited, reported a loss of Rs. 9.21 Crore in the second quarter of this fiscal year, compared to Rs 5.59 Crore by the end of Ashoj.

Although revenue increased, higher expenses and overall costs led to a negative impact on net profit. The company blames tough financial market conditions, interest rate hikes, and reduced production for its financial struggles. As of Poush, the company's capital is Rs. 68.75 Crores, with an E.P.S of Rs. 13.40 and a net worth of Rs. 97.23. 

Report:

                                                                                                                                                                                                

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