Net profit of Taragaon Regency (TRH) increased by 100%
Taragaon Regency Hotels Limited (TRH) has published unrefined financial statements for the fourth quarter of last financial year. According to the details, the company's net profit has increased by 100 percent compared to the same period of the previous financial year.
By the end of the last financial year, the company has earned a net profit of 382.6 million rupees. This is 100.80 percent more than the corresponding period of the previous financial year. By the end of the previous financial year, the company had earned a net profit of Rs 195 million.
With the increase in the company's operating income, the net profit has increased.
During the review period, the operating profit of the company increased by 99.71 percent to 1 billion 38 million 32 million rupees. Similarly, the other income of the company increased by 19.72 percent to Rs. 187 million during the review period, while the total income increased by 84.98 percent to Rs. 1.572 million.
Along with the profit, the earnings per share of the company has also increased. During the review period, the earnings per share of the company increased by Rs. 10, 18 paisa to Rs. 20, 28 paisa. As of mid-June, the company's net worth per share is 134 rupees 86 paise and the price-earnings ratio is 38.97 times.
With a paid-up capital of 1 billion 886 million rupees, 657 million rupees are accumulated in the reserve fund of this company.