सिंहदरबार संवाददाता
Kathmandu. Shangrila Motors’ business has increased significantly in 2024.
Shangrila Motors, which has been selling Citroen and Lipmotor brand vehicles in the market, has earned an additional income of Rs 823 million in 2024. This is 185.76 percent more than the previous fiscal year. The company had a turnover of Rs 288 million in 2023.
According to data released by Infomerics Nepal, the company, which had a turnover of Rs 41 crore in 2021, had a turnover of Rs 385 million in 2022. Similarly, the company’s interest coverage ratio is 2.48 in 2021, 1.39 in 2022, and 1.34 in 2024.
Shangri La Motors, established on May 25, 2016, is registered at Naya Bato, Lalitpur. The shareholder of the company is Hemant Golchha.
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