EPS of Green Development Bank Rs 2

Aug 22, 2018 Merolagani

Green Development Bank (GRDBL) that raised its paid-up capital to Rs 500 million by issuing 400 percent right shares to its existing shareholders has maintained  EPS of Rs 2 despite increasing its net profit by 172.49 percent.

In the previous FY, the bank had EPS of Rs 3. The bank earned a net profit of Rs 8.3 million in the last FY compared to Rs 3 million of the previous FY.

Similarly, it has a reserve fund of Rs 5.6 million. In the review period, the company collected a deposit of Rs 598.9 million and extended loan of Rs 758.6 million.

Likewise, the bank earned interest income of Rs 79.2 million and has spent Rs 47.9 million in interest expenses.

The bank has bad debt of 2.66 percent.

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