As per the report, the bank has earned net profit above Rs 2 billion during the period.
The bank earned net profit of Rs 2.01 billion during the period. The net profit increased by 92.45 percent compared to Rs 1.04 billion of the corresponding period of the previous FY.
Increae in net interest income and decrease in impairment charges can be attributed to the increase in net profit.
In the review period, its net interest income increased by 15.41 percent, net fee and commission income by 18.16 percent, total operating income by 16.51 percent and operating profit by 99.91 percent.
Meanwhile, its impairment charges declined to Rs 353.7 million from previously Rs 1.39 billion.
The bank logged EPS of Rs 17.31, net worth per share of Rs 163.80 and P/E ratio of 14.99 times.
The bank with Rs 11.62 billion in paid-up capital and reserve fund of Rs 7.41 million. The company collected deposit of Rs 1,841 billion and extended loan of Rs 1,416 billion.
