In the review period, the bank record net profit of Rs 3.32 billion. The net profit decreased by 3.71 percent compared to Rs 3.45 billion of the review period of the last FY.
Although the bank raised its net interest income marginally, increase in impairment charges pulled own its net profit.
In the review period, the bank raised its net interest income by 1.33 percent and net fee and commission income by 32.49 percent. similalry, its total operating income increased by 9.22 percent. However, its impairment charges increased to Rs 777.3 million from Rs 272.9 million which brought down its operating profit by 3.53 percent.
The bank maintained EPS of Rs 32.35, net worth per share of Rs 244.27 and P/E ratio of 21.58 times. Meanwhile, it logged distributable profit of Rs 4.04 billion and distributable profit per share of Rs 39.34.
The bank with Rs 13.72 billion in paid-up capital has reserve fund of Rs 19.79 million. The bank collected deposit of Rs 302 billion and extended loans of Rs 250 billion.
