Shivam Cement's operating profit down to Rs 3.10 billion

KATHMANDU, FEBRUARY 10: Shivam Cement Limited posted an operating income of Rs. 3.10 billion by the second quarter of the current fiscal year, down from Rs. 3.51 billion in the same period last year. The company holds a paid-up capital of Rs. 5.45 billion and has accumulated Rs. 4.10 billion in reserves.

The operating profit declined by 61.77% to Rs. 568 million during the review period, compared to Rs. 1.48 billion in the corresponding period last year. The company's total profit decreased by 20.63%, while other income fell by 27.97%. However, the total expenses dropped by 12.38%  by the second quarter of 2024/25.

The earnings per share (EPS) fell by Rs. 3.83, bringing it down to Rs. 2.08. As of the end of Poush (mid-December to mid-January), the company's net worth per share stood at Rs. 175.31, with a price-to-earnings (P/E) ratio of 255.76 times.