At a programme organized in the Finance Ministry on Friday, Finance Minister Shankar Prasad Koirala said 15 were in full profit and others were in losses. [break]
Economic survey of the current FY showed, they had 185.79 billion income in 2068-69 BS increasing 2.3 percent in the FY. Of them, the Nepal Engineering Consultancy Service Centre Ltd. did not have transactions.
In 2067-68 BS, there was Rs.6.58 billion net profit and in the current FY it was 3.49 billion as net loss. Eight corporations making profit last year have incurred losses in this FY and others have decreased profit.
Nepal Oil Corporation was in loss by 9.47 billion in the FY and had Janakpur Cigarette Factory, Nepal Orient Magnetite Ltd., Nepal Drugs Ltd. had more losses.
Of the 37 corporations, only 21 had their audits done in time, and Rastriya Beema Sansthan, Udayapur Cement, and Orient Magnetite Ltd have not had auditing for the past eight years, and action was stressed for them.
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