The bad debt ratio that was 0.88 percent in the review period of the last FY has increased to 1.02 percent in the first quarter of the current FY. Consequently, it also increased its provision for possible loss to Rs 8.1 million from Rs 4.7 million of the last FY.
Meanwhile, its reserve fund has increased to Rs 1 billion from earlier Rs 803 billion. The company increased its net profit by 10.80 percent to Rs 85.6 million in the review period compared to Rs 77.6 million of the last FY.
Currently, the company has a paid-up capital of Rs 503.1 million and EPS of Rs 68.10. The bank collected deposit of Rs 6.15 billion, borrowed Rs 4.16 billion and extended loan of Rs 10.88 billion.
The company earned net interest income of Rs 245.3 million compared to Rs 215.9 million of the last FY. It has net worth per share of Rs 341 and P/E ratio of 17.62 times during the review period.
