As per the report, the company has increased its net profit during the period. In the review period, the company earned net profit of Rs 44.742 million. The net profit increased by 72.0491 percent compared to Rs 26.063 million of the review period of the last FY.
Increase in net interest income can be attributed to the increase in net profit during the period.
During the period, the company increased its net interest income by 28.96 percent to Rs 197.702 million from Rs 153.301 million. Similarly, its net interest, fee and commission income increased to Rs 217.877 million from Rs 182.903 million of the review period of the last FY.
Likewise, its operating profit also increased to Rs 63.883 million from Rs 37.234 million of the last FY.
The company earned distributable profit of Rs 35.654 million and distributable profit per share of Rs 16.14.
The company maintained EPS of Rs 13.12, net worth per share of Rs 142.22 and P/E ratio of 33.85 times.
The company with Rs 341.086 million in paid-up capital has reserve fund of Rs 148.51 million. The company extended loans of Rs 4.999 billion by deposit collection of Rs 1.179 billion and borrowing of Rs 4.053 billion.
