Ankhu Khola Jalvidhyut Company Limited
Unaudited 3rd Quarter Financial Report
(As of 31-12-2080 BS / 15-04-2024 AD)
Overview
This report presents the unaudited financial performance and position of Ankhu Khola Jalvidhyut Company Limited for the 3rd Quarter ending 31-12-2080 BS (15-04-2024 AD). It aims to provide a clear and concise summary of the company's financial health and operational results, highlighting key trends and important data points for easy understanding.
Financial Position Summary (Balance Sheet)
A snapshot of the company's assets, liabilities, and equity at different points in time. All figures are in NRs.
| Particulars | As on 31-12-2080 (Unaudited) | As on 31-09-2080 (Unaudited) | As on 30-12-2079 (Audited) |
|---|---|---|---|
| Total Assets | 3,450,967,313 | 3,782,580,265 | 3,805,958,811 |
| Total Equity & Liabilities | 3,450,967,313 | 3,782,580,265 | 3,805,958,811 |
Key Observation:
There has been a decrease in Total Assets and Total Equity & Liabilities from NRs. 3.80 billion in 2079 to NRs. 3.45 billion in 2080. This indicates a contraction in the company's overall financial scale.
Profit or Loss Summary (Income Statement)
Summary of revenues and expenses, showing the company's profitability. All figures are in NRs.
| Particulars | This Quarter (As on 31-12-2080) | Previous Quarter (As on 31-09-2080) | Corresponding Previous Period (As on 30-12-2079) |
|---|---|---|---|
| Total Income | 29,331,096 | 82,999,041 | 88,722,349 |
| Profit before Tax | 23,691,096 | 82,999,041 | 88,722,349 |
| Net Profit for the period | 20,037,181 | 10,883,041 | 2,972,206 |
Key Observation:
- While Total Income for "This Quarter" (2080) is NRs. 29.33 million, it is significantly lower than the "Previous Quarter" (2080) and "Corresponding Previous Period" (2079).
- Net Profit for the Period shows a substantial increase for "This Quarter" (NRs. 20.04 million) compared to the "Previous Quarter" (NRs. 10.88 million) and especially the "Corresponding Previous Period" (NRs. 2.97 million). This is a positive sign for recent profitability.
Key Highlights & Trends
Financial Position
The company's total assets have contracted from NRs. 3.80 billion in Chaitra 2079 to NRs. 3.45 billion in Chaitra 2080. This trend indicates a shrinking balance sheet.
Revenue Performance
The total income for the current quarter is lower than both the previous quarter and the corresponding previous period. This suggests a decline in revenue generation in the most recent quarter.
Profitability Trend
Despite the lower total income in the current quarter, the Net Profit for the Period shows significant improvement compared to earlier periods. This could be due to effective cost management or other non-operating income factors.
Challenges and Prospects
The report highlights problems with land acquisition, forest clearance, and power purchase agreements. Addressing these challenges is crucial for stable revenue generation and future growth.
Conclusion
Ankhu Khola Jalvidhyut Company Limited is currently navigating a period of asset contraction and recent revenue decline, but has demonstrated a strong increase in net profit for the current quarter. Resolving operational hurdles will be key to long-term financial stability and growth.
Best for Short Term: Yes
Best for Long Term: No