Upper Solu Hydroelectric Company Limited (USHEC): A Five-Year Financial Performance Review (Q4 2078/79–Q4 2082/83)
Summary
Upper Solu Hydroelectric Company Limited posted strong five-year improvement in revenue, profits, and debt reduction, with operating income nearly doubling and net profit rising to Rs. 208.76 million in the latest period. The company’s net worth per share, EPS, ROE, and ROA also all improved by Q4 2082/83.
Key Points
- Upper Solu Hydroelectric Company Limited’s operating income rose from Rs. 380.94 million to Rs. 742.80 million over five years, driven mainly by electricity sales.
- Net profit recovered from a loss of Rs. 33.77 million to Rs. 208.76 million in the latest period.
- Loans and long-term liabilities fell from Rs. 3.63 billion to Rs. 2.94 billion, reducing dependence on debt.
- Net worth per share, EPS, ROE and ROA all improved by the end of Q4 2082/83.