Net Profit of Swabalamban Laghubitta Declines by 1.35%

Apr 24, 2024 07:09 AM Merolagani

Swabalamban Laghubitta Bittiya Sanstha (SWBBL) has published its third quarter financial report of the current FY.

As per the report, the company has recorded net profit of Rs 118.6 million in the review period. The net profit declined by 1.35 percent compared to Rs 120.2 millon of the last FY.

Decrease in net interest income and operating profit pulled the profit down during the period.

In the review period, its net interest income decreased by 2.27 percent, net fee and commission income by 6.35 percent and total operating income by 5.28 percent. Similarly, its operating profit declined by 1.65 percent.

The company has distributable profit of Rs 115.7 million during the period.

The company logged  EPS of Rs 10.91, net worth per share of Rs 219 and P/E ratio of 71.1 times.

The company with Rs 1.45 billion in paid-up capital reserve fund of Rs 1.72 billion. The company  collected deposit of Rs 13.71 billion and extended loans of Rs 191.8 billion during the period.

 

 

 

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