As per the report, the bank has increased its distributable profit significantly during the period.
The bank earned distributable profit of Rs 413.8 million during the period. The distributable profit increased by 213.81 percent compared to Rs 131.8 million of the corresponding period of the last FY.
Although, the bank raised its distributable profit significantly, it logged nominal growth in net profit. during the period, the bank earned net profit of Rsv537 million. The net profit increased by merely 6.51 percent in the review period.
Similarly, its net interest income decreased by 1.36 percent, net fee and commission income by 9.15 percent, total operating income by 3.39 percent and operating profit by 10.06 percent.
The company logged EPS of Rs 15.10, net worth per share of Rs 156.71 and P/E ratio of 30.35 times.
The company with Rs 3.55 billion in paid-up capital and reserve fund of Rs 2.01 million. The company collected deposit of Rs 54.66 billion and extended loan of Rs 43.02 billion.
