As per the report, it earned net profit of Rs 511.8 million in the review period. The net profit increased by 17.33 percent compared to Rs 436.2 million of the corresponding period of the last FY.
Although the company logged decline in net interest income, decline in impairment charges pulled its profit up during the period.
During the period, its net interest income decreased by 1.88 percent and net fee and commission income by 38.17 percent. Similarly, its total operating income increased by 1.50 percent and operating profit by 17.57 percent. Meanwhile, its impairment charges declined to Rs 127.9 million from Rs 240.8 million.
The company recorded distributable profit of Rs 1.59 billion. In the review period, the company logged EPS of Rs 31.84, net worth per share of Rs 237.49 and P/E ratio of 26.67 times.
The company with paid-up capital of Rs 3.21 billion has reserve fund of Rs 4.42 billion. During the period, the company extended loans of Rs 37.82 billion by collecting deposit and borrowing Rs 40.16 billion.
