As per the report, it earned net profit of Rs 190.7 million in the review period. The net profit declined by 6.16 percent compared to Rs 203.2 million of the corresponding period of the last FY.
Although the company raised its net interest income, increase in provision for possible losses negatively affected its net profit.
Its impairment charges increased to Rs 66.7 million from previously Rs 15.7 million.
Meanwhile, its net interest income increased by 31.07 percent to Rs 592.3 million and net operating income increased by 22.85 percent to Rs 754.9 million.
The company raised its deposit collection by 19.58 percent to Rs 5.40 billion while its loan extension increased by 16.32 percent to Rs 19.48 billion.
The company has paid-up capital of Rs 1.16 billion and reserve fund of Rs 1.24 billion and retained earning of Rs 422.3 million.
Its EPS declined to Rs 21.82 from Rs 46.20. It has net worth per share of Rs 243.29.
