In the review period, the bank earned net profit of Rs 6.76 billion. The net profit increased by 33.92 percent compared to Rs 5.05 billion of the corresponding period of the last FY.
Increase in net interest income and decrease in impairment charges can be attributed to the increase in net profit.
Along with net profit, its EPS also increased to Rs 33.02 from Rs 25.05. Similarly, its distributable profit increased to Rs 4.37 billion from Rs 2.87 billion.
The bank with a paid-up capital of Rs 32.05 billion including preference share of Rs 5 billion has a reserve fund of Rs 34.40 billion. The bank maintained net worth per share of Rs 243.30.
