During the period, the bank has disbursed loans of rs 150.88 billion which was Rs 97.22 billion in the corresponding period of ;the previous FY. The company's debt increased by 3.38 percent in the review period. Meanwhile, the bank's deposit increased by 5.20 percent to Rs 123.53 billion in the review period.
In the review period, the bank earned a net profit of Rs 1.51 billion that was 12.44 percent more compared to Rs 1.35 billion of the review period of the previous FY.
the increase in net profit can be attributed to the increase in net interest income and reduction in impairment charges.
In the review period, the bank's net interest income increased by 3.63 percent, while the net fee and commission income decreased by 1.50 percent. Similarly, the bank's total operating income increased by 3.89 percent and operating profit by 20.23 percent in the review period. In the review period, the bank's impairment charge decreased from Rs 793.5 million to Rs 572.3 million. As a result, operating profit and net profit have increased.
By the end of last FY, the bank has a distributable profit of Rs 675.7 million and distributable earnings of Rs 8.45 per share.
Despite the increase in profit, the bank's earnings per share declined. In the review period, the bank's income decreased by 18 paise to Rs 18.98. Similarly, the company's P/E ratio is 19.13 times and net worth per share is Rs 161.82.
The bank has paid-up capital of Rs 8.03 billion and reserve fund of Rs 4.94 billion.
