As per the report, the company earned net profit of Rs 14.4 million. The net profit increased by 42.57 percent compared to Rs 10.1 million of the review period of the last FY.
Increase in net interest income and reverse of impairment charges boosted its net profit.
During the period, its net interest income increased by 36.73 percent and net fee and commission income by 176.92 percent. Similarly, its total operating income increased by 16.02 percent and operating profit by 39.54 percent. Meanwhile, its impairment charges of Rs 992,000 has been reversed. The company has distributable profit of Rs 6.4 million.
The company logged EPS of Rs 50.02, net worth per share of Rs 172.18 and P/E times of 39.30 times.
The company with Rs 115.8 million in paid-up capital has reserve fund of Rs 83.7 million. The company extended loans of Rs 2.04 billion by collecting deposits and borrowing Rs 1.89 billion.
