In the review period, the company earned net profit of Rs 18.8 million which is 346.46 percent growth compared to Rs 421.4 million of the corresponding period of the last FY.
Increase in net interest income and operating profit can be attributed to the increase in net profit during the period.
In the review period, its net interest income increased by 64.63 percent and net fee and commission income by 93.98 percent. Similarly, its total operating income increased by 62.26 percent and operating profit by 507.77 percent. It logged distributable loss of Rs 392 million and distributable loss per share of Rs 45.07.
Along with net profit, its EPS increased by Rs 1.68 to Rs 2.16. The company has net worth per share of Rs 122.30 and P/E ratio of 258.36 times.
The company with Rs 1.73 billion in net profit has reserve fund of Rs 387.9 million. The company collected deposits and borrowed Rs 20.54 billion and extended loans of Rs 18.78 billion.
