In the review period, the bank earned net profit of Rs 1.14 billion. The profit declined by 13.86 percent compared to Rs 1.32 billion of the corresponding period of the previous FY.
Decrease in net interest income pulled down its net profit during the period.
In the review period, its net interest income decreased by 25.51 percent and net fee and commission income increase by 79.73 percent. Similarly, its total operating income decreased by 25.03 percent and operating profit by 13.39 percent.
However, its distributable profit increased to Rs 1.17 billion from Rs 667.9 million of the previous FY.
Along with net profit, its EPS decreased by 0.86 to Rs 5.30. The bank has net worth per share of Rs 118.88 and P/E ratio of 59.96 times.
The bank with Rs 21.60 billion in paid-up capital has reserve fund of Rs 4.07 billion. The deposit collection of the bank increased by 826.65 times and loan extension by 18.90 percent.
