Kathmandu: Daunne Agro Farm has reported a trade turnover of Rs 1.10 billion during the first nine months of the current fiscal year.
The company, which was established in 2018, had achieved a total annual trade of Rs 1.21 billion in the last fiscal year.
The firm has been steadily growing its business over the years. In 2023, it recorded a trade volume of Rs 1.14 billion, compared to Rs 500 million in 2022 and Rs 546 million in 2021.
Daunne Agro specializes in the production of eggs through layer poultry farming.
The company has announced a profit growth of 9.9 percent in the first nine months of the current fiscal year. In 2024, it had posted an annual profit growth of 12 percent.
In 2024, Daunne Agro also transitioned into a public company. It now operates with 28.6 percent ownership by Kisan Dana Udyog Pvt. Ltd., while the remaining shares are held by 40 individual investors. The company’s core business involves producing and trading layer poultry feed and eggs.
To support both long-term and short-term financing needs, Daunne Agro has secured credit ratings for loans worth Rs 1.15 billion. Of this, Rs 1.07 billion is allocated for long-term loans, while Rs 80 million is for short-term financing.
Looking ahead, the company is preparing for a major capacity expansion to boost production. For this, it plans to fund 80 percent of the expansion investment through loans.
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