In the review period, the company earned net profit of Rs 52.3 million which is 38.41 percent less compared to Rs 84.9 billion of the corresponding period of the last FY.
Decrease in net interest income pulled down its net profit during the period.
In the review period, its net interest income decreased by 27.56 percent and net fee and commission income increase by 86.26 percent. Similarly, its total operating income decreased by 31.75 percent and operating profit by 43.38 percent.
Along with net profit, its EPS decreased by 5.98 to Rs 7.78. The company has net worth per share of Rs 125.33 and P/E ratio of 94.47 times. The bad debt of the company increased to 4.44 percent from 2.87 percent during the period.
The company with Rs 1.34 billion in paid-up capital has reserve fund of Rs 340.6 million. The company borrowed Rs 5.51 billion and extended loans of Rs 6.06 billion. In the review period, the company logged distributable profit of Rs 39.1 million.
