As per the report, the company has recorded increase in net profit during the period.
In the review period, the company earned net profit of Rs 442.9 million. The net profit increased by 80.30 percent compared to Rs 245.6 million of the review period of the last FY.
Increase in net interest income and decrease in impairment charges pulled up its net profit during the period.
During the period, the company increased its net interest income by 6.67 percent and net fee and commission income by 2.51 percent. Similarly, its total operating income increased by 5.94 percent and operating profit by 71.51 percent. Meanwhile, the company reversed impairment charges of Rs 10.1 million during the period.
The company maintained EPS of Rs 47.41, net worth per share of Rs 221.13 and P/E ratio of 17.42 times.
The company with Rs 1.86 billion in paid-up capital has reserve fund of Rs 2.26 million. The company extended loans of Rs 25.45 billion by deposit collection and borrowing of Rs 22.42 billion.
