In the review period, the bank earned net profit of Rs 140.3 million which decreased by 10.49 percent compared to Rs 156.7 million in the review period of the last FY.
Decrease in net interest income can be attributed to the decrease in net profit.
During the period, its net interest income decreased by 20.78 percent and net fee and commission income by 8.53 percent. Similarly, its total operating income decreased by 16.45 percent and operating profit by 47.86 percent.
Meanwhile, its impairment charges declined to Rs 2.91 billion from Rs 3.05 billion. The bank logged LPS of Rs 1.25, net worth per share of Rs 172.97 and P/E ratio of 292.04 times. The bank recorded distributable loss of Rs 13.65 billion.
The bank that has paid-up capital of Rs 14.91 billion has reserve fund of Rs 10.88 billion. The bank collected deposits of Rs 334.37 billion and extended loans of Rs 201 billion.
