In the review period, the bank earned net profit of Rs 643.3 million. The profit declined by 28.53 percent compared to Rs 907.4 million of the corresponding period of the last FY.
Decrease in net interest income and operating profit pulled down its net profit during the period.
In the review period, its net interest income decreased by 27.03 percent and net fee and commission income increased by 66.35 percent. Similarly, its total operating income decreased by 26.20 percent and operating profit by 28.42 percent. In the meantime, its distributable profit declined by 30.12 percent to Rs 537.7 million.
Along with net profit, its EPS decreased by Rs 1.59 to Rs 3.97. The bank has net worth per share of Rs 115.84 and P/E ratio of 67.44 times.
The bank with Rs 21.60 billion in paid-up capital has reserve fund of Rs 3.42 billion. The bank collected deposit of Rs 7.80 billion and extended loans of Rs 28.54 billion.
