As per the report, the company’s net profit has declined compared to the corresponding period of the last FY.
During the period, the company earned a net profit of Rs 21.1 million, which declined by 19.12 percent compared to Rs 26 million during the review period of the last FY.
The decline in net interest income and net fee and commission income can be attributed to the decrease in net profit.
During the period, the company logged 30.04 percent decline in net interest income and 41.28 percent decline in net fee and commission income.
Similarly, its total operating income declined by 30.61 percent and operating profit by 19.12 percent.
The company has a distributable profit of Rs 99.3 million.
In the review period, the company maintained EPS of Rs 8.16, net worth per share of Rs 128.04 and P/E ratio of 73.06 times.
The company with Rs 1.03 billion in paid-up capital has reserve fund of Rs 289.9 million. The company borrowed Rs 5.15 billion and extended loans of Rs 5.57 billion.
