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Significant Financial Improvement for CDDB Holdings Limited in the Second Quarter

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NEPSE TRADING

Significant Financial Improvement for CDDB Holdings Limited in the Second Quarter

CDDB Holdings Limited has shown remarkable financial improvement in the second quarter of the current fiscal year. According to the unaudited financial statement, the company has earned a net profit of NPR 31.56 crore during the review period. This is a 50.64% increase compared to NPR 20.94 crore in the same period of the previous fiscal year.

This significant growth in profit indicates an improvement in the company's operational capacity and investment management strategy.

Strengthening of Revenue Structure
During the review period, the company’s total revenue reached NPR 32.58 crore. In the same period of the previous fiscal year, the company’s revenue was limited to NPR 23.01 crore.

The parallel growth in both revenue and profit can be seen as evidence of the company’s strengthening financial health.

Retained Earnings More Than Doubled
The company’s retained earnings increased from NPR 60.04 crore to NPR 127 crore. This significant increase in retained earnings suggests that the company has sufficient internal resources for future dividend distribution or expansion plans.

Financial Stability and Share Indicators
The company’s paid-up capital is over NPR 103 crore, with total current assets amounting to NPR 62.71 crore and current liabilities limited to NPR 8.37 crore.

As of the review period, the company’s earnings per share (EPS) stood at NPR 61.03. The net worth per share is NPR 240.87, and the total assets per share value is NPR 247.93. The price-to-earnings (P/E) ratio is 37.77, indicating high investor expectations for the company’s shares in the market.

Overall, the financial statement for the second quarter shows that CDDB Holdings’ revenue generation capacity, retained earnings, and liquidity position have all strengthened.

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