C5#
During the period, the bank earned net profit of Rs 2.04 billion that increased by 12.89 percent compared to Rs 1.81 billion of the review period of the previous FY.
Increase in net interest income and decrease in impairment charges can be attributed to the increase in net profit.
During the period, its net interest income increased by 1.30 percent and net fee and commission income by 7.12 percent. Similarly, its total operating income increased by 5.21 percent and operating profit by 6.22 percent. Meanwhile, its impairment charges declined to Rs 940.1 million from Rs 1.03 billion.
In the review period, the bank maintained EPS of Rs 18.04, net worth per share of Rs 194.73 and P/E ratio of 21.77 times. The bank recorded distirbutable profit of Rs 1.25 billion and distirbutable profit per share of Rs 11.04.
The bank with Rs 11.33 billion in paid-up capital has reserve fund of Rs 10.73 billion. During the period, the bank collected deposits of Rs 212 billion and extended loans of Rs 146 billion.
