The bank has earned net profit of Rs 1.33 billion in the review period. The net profit decreased by 5.98 percent compared to the Rs 1.41 billion of the corresponding period of the previous FY.
Decrease in net interest income and commission income can be attributed to the decline in net profit.
In the review period, its net interest income decreased by 6.47 percent while its net fee and commission income decreased by 54.26 percent. Similarly, its net operating income decreased by 6.86 percent while its operating profit declined by 5.87 percent.
The bank has distributable profit of Rs 707.2 million.
The bank-maintained EPS of Rs 6.16, P/E ratio of 37.01 times and net worth per share of Rs 113.70.
The bank with paid-up capital of Rs 21.60 billion has a reserve fund of Rs 2.95 billion. The bank raised its deposit collection by 6.93 percent and loan extension by 4 percent.
