As per the report, its net profit increased by 100 percent compared to the corresponding period of the last FY.
In the review period, the company earned net profit of Rs 15.4 million. The net profit increased by 100.09 percent compared to Rs 7.7 million of the review period of the last FY.
Increase in income helped to boost the net profit.
During the period, its net interest income increased by 95.34 percent and other operating income increased by 12.81 percent. Similarly, its total operating income increased by 66.40 percent and operating profit by 207.66 percent. Meanwhile, its non-performing loan declined to 2.78 percent from 3.75 percent.
The company logged EPS of Rs 26.70 and net worth per share of Rs 136.83.
The company with Rs 115.8 million in paid-up capital has reserve fund of Rs 42.6 million. The company borrowed Rs 1.31 billion, collected Rs 368 million and extended loans of Rs 1.84 billion.
