EPS of Saptakoshi Decreases

Oct 30, 2018 Merolagani

The EPS of Saptakoshi Development Bank (SKDBL) that issued 130 percent right shares in a bid to increase its paid-up capital as per NRB directive has decreased to Rs 1.28 from earlier Rs 2.94.

The company headquartered at Morang earned a net profit of Rs 1.62 million in the first quarter of the current FY. Such profit was Rs 2.8 million in the corresponding period of the last FY.

Currently, the company has a paid-up capital of Rs 508.5 million and reserve fund of Rs 23.2 million. During the review period, the company collected deposit of Rs 1.50 billion and extended loan of Rs 1.40 billion.

During the period, the company earned net interest income of Rs 24 million. It has bad debt ratio of 1.48 percent and net worth per share of Rs 104.57.

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