The net profit increased compared to the corresponding period of the last FY.
In the review period, the company earned net profit of Rs 10.1 million. The net profit increased by Rs 989.17 percent compared to Rs 93.3 million of the review period of the last FY.
Increase in net interest income and decline in provision for possible losses helped to boost the net profit.
During the period, its net interest income increased by 142.08 percent and other operating income increased by 66.60 percent. Similarly, its total operating income increased by 112.31 percent and operating profit by 999.93 percent.
The company logged EPS of Rs 35.09 and net worth per share of Rs 131.97.
The company with Rs 115.8 million in paid-up capital has reserve fund of Rs 37 million. The company borrowed Rs 1.28 billion, collected Rs 332.9 million and extended loans of Rs 1.77 billion.
