The bank has earned net profit of Rs 350.9 million in the review period. The net profit decreased by 15.22 percent compared to the Rs 413.8 million of the corresponding period of the last FY.
Decrease in net interest income and operating profit can be attributed to the decrease in net profit.
In the review period, its net interest income decreased by 19.80 percent while its net fee and commission income decreased by 172.63 percent. Similarly, its total operating income decreased by 18.44 percent and operating profit declined by 15.21 percent.
The bank maintained EPS of Rs 6.50, P/E ratio of 44.47 times and net worth per share of Rs 115.38.
The bank with paid-up capital of Rs 21.60 billion raised reserve fund by 27.93 percent. The bank increased deposit collection by 148.93 and loans and borrowing by 12.99 percent.
