As per the company’s report, its net profit has increased by 4.43 percent compared to the corresponding period of the last FY.
In the review period, the company earned net profit of Rs 314.3 million compared to Rs 300.9 million of the review period of the last FY.
Although the company raised its income minimally, decline in expenses pulled up its net profit.
During the period, its interest income decreased by 18.87 percent while its service and commission income increased by 9.13 percent. Similarly, its total income increased by 3.90 percent and total expenses decreased by 24.23 percent.
Although the company raised its profit, its EPS declined to Rs 19.40. It logged net worth per share of Rs 169.08.
The company with Rs 6.48 billion in paid-up capital has reserve fund of Rs 20.24 billion.
