In the review period, the bank earned net profit of Rs 122.1 million. The net profit increased by 10.53 percent compared to Rs 110.5 million of the corresponding period of the last FY.
Although the company logged decline in net interest income, increase in operating profit pulled up its net profit.
During the period, its net interest income declined by 10.44 percent and net fee and commission income by 3.15 percent. similarly, its total operating income declined by 9.49 percent and operating profit by 11.31 percent.
Along with net profit, its EPS increased by 0.37 to Rs 3.28. The bank maintained net worth per share of Rs 198.74 and P/E ratio of 97.73 times.
The company with Rs 14.91 billion in paid-up capital has reserve fund of Rs 14.72 billion. The bank collected deposits of Rs 337 billion and extended loans of Rs 212 billion.
