In the review period, the bank earned net profit of Rs 942.6 million which increased by 30.04 percent compared to Rs 724.8 million in the review period of the last FY.
Decrease in impairment charges can be attributed to the increase in net profit.
During the period, its net interest income increased by 4.87 percent and net fee and commission income by 6.97 percent. Similarly, its total operating income increased by 4.67 percent and operating profit by 31.04 percent. Meanwhile, its impairment charges declined to Rs 925.7 million from Rs 1.23 billion. The bank has distributable profit of Rs 438.9 million and distributable profit per share of Rs 7.32 per share.
The bank logged EPS of Rs 15.71, net worth per share of Rs 155.09 and P/E ratio of 24.13 times.
The bank that has paid-up capital of Rs 8.03 billion has reserve fund of Rs 4.40 billion. The bank collected deposits of Rs 118.11 billion and extended loans of Rs 98.97 billion.
