The bank earned net profit of Rs 987.3 million in the review period compared to Rs 1.16 billion of the corresponding period of the last FY. The net profit increased by 15.02 percent during the period.
Declined in net interest income and operating profit can be attributed to the decline in net profit.
In the review period, its net interest income decreased by 2.57 percent and net fee and commission income by 63.28 percent. Similarly, its total operating income decreased by 3.09 percent and operating profit by 14.99 percent.
The bank has a distributable profit of Rs 478.8 million.
The bank maintained EPS of Rs 6.09, P/E ratio of 34.46 times and net worth per share of Rs 110.65.
The bank with paid-up capital of Rs 21.60 billion has a reserve fund of Rs 2.01 billion. The bank increased deposit collection by 24.37 percent and extended loans by 7.25 percent during the period.
