In the review period, the company earned net profit of Rs 218.9 million. The profit increased by 27.93 percent compared to Rs 171.1 million of the corresponding period of the last FY.
Increase in net interest income and decrease in impairment charges pulled up its net profit during the period.
In the review period, its net interest income increased by 10.24 percent and net fee and commission income increased by 2.95 percent. Similarly, its total operating income increased by 10.15 percent and operating profit by 10.29 percent. during the period, its impairment charges decreased to Rs 117.5 million from Rs 145.4 million.
The company has distributable profit of Rs 305.4 million and distributable profit per share of Rs 30.13.
Along with net profit, its EPS increased by Rs 4.71 to Rs 21.60. The bank has net worth per share of Rs 182.20 and P/E ratio of 38.84 times.
The company with Rs 1.35 billion in paid-up capital has reserve fund of Rs 1.01 billion. The company collected deposit of Rs 22.73 billion and extended loans of Rs 19.85 billion.
