The analysis of financial performance of summit power limited [SPL]
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The electricity plays a vital role in underpinning the economic development of a country. In the backdrop of Financial Sector Reform Policy streamlining the country’s economy, Summit Power Limited (SPL) has achieved great success in all areas of operations with ultimate objective of improving the socio-economic development of the country. In this project I have talked about the financial performance of this independent power producing company. The background of the company, how it was established and where it stands now etc. information are given elaborately. After that, my working experience in SPL is included, a brief history of the last 3 months’ working experience. In the main project part, firstly I talked about the procedures, the methods and limitations that I had to face during making this report, and then I have worked and analyzed how well they are performing, through calculating growth rates, some important financial ratios and trends of the last 5 years. Lastly I have added some recommendation based on the findings which I think might be useful of they can implement those ideas.