In its recently released third-quarter report for the current fiscal year, Chandragiri Hills (CGH) has showcased impressive growth.
According to the report, Chandragiri Hills has seen a significant increase in net profit, reaching Rs 107.9 million, marking a substantial 38.82 percent growth compared to the same period in the previous fiscal year.
The surge in income is primarily attributed to a rise in net profit. During the review period, the company experienced a notable increase in operating income by 10.87 percent and total income by 33.42 percent. Additionally, other income surged by a remarkable 96.94 percent while total expenses saw a 23.61 percent increase.
Key financial indicators for the period include earnings per share (EPS) of Rs 9.38, a price-to-earnings (P/E) ratio of 86.14 times, and a net worth per share of Rs 92.03.
Despite these positive results, the company, with a paid-up capital of Rs 1.53 billion, is grappling with a reserve loss of Rs 122.2 million.
Chandragiri Hills continues to be a prominent player in the Nepali tourism sector, drawing visitors with its breathtaking views and recreational activities.
