In the review period, the company earned net profit of Rs 216 million compared Rs 145.7 million of the corresponding period of the previous FY. the net profit increased by 48.29 percent during the period.
Increase in net interest income and operating profit helped to pull the profit during the period.
In the review period, its net interest income increased by 19.13 percent and net fee and commission income by 1.23 percent. Similarly, its total operating income increased by 17.36 percent and operating profit by 53.48 percent.
Along with net profit, its EPS increased by 4.19 to Rs 15.23. The company maintained net worth per share of Rs 158.11 and P/E ratio of 55.59. The company earned distributable profit of Rs 113.1 million during the period.
The company with Rs 1.41 billion in paid-up capital has reserve fund of Rs 824.6 million. The company borrowed and collected deposit of Rs 12.18 billion and extended loans of Rs 15.01 billion.
