Net Profit of Sana Kisan Increases by 15.85%

May 11, 2018 Merolagani

The net profit of Sana Kisan Laghubitta (SKBBL) has increased by 15.85 percent to Rs 240.3 million in the third quarter of the current FY compared to Rs 278.4 million of the corresponding period of the last FY.

The company increased its paid-up capital of Rs 503 million to Rs 628.8 million in the review period. Similarly, its reserve fund also increased to Rs 1.25 billion from Rs 217.6 million of the last FY.

The company extended loan of Rs 16.45 billion in the review period through which it earned a net interest income of Rs 532.4 million from earlier Rs 463.2 million.

Sana Kisan with 0.13 percent bad debt has Rs 44.2 million in provision for possible loss and has recovered Rs 11.8 million bad debt. The company earned Rs 425.7 million in operating profit.

The company has EPS of Rs 59.04.

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