Swarojgar Laghubitta Increases Net Profit by 32%

Nov 05, 2018 Merolagani

Swarojgar Laghubiita (SLBBL) has earned a net profit of Rs 10 million in the first quarter of the current FY. The company increased its net profit by 2.4 million i.e. by 31.98 percent in the review period, compared to the corresponding period of the last FY.

In the last FY, it earned a net profit of Rs 7.5 million. The company with Rs 268.3 million in paid-up capital has reserve fund of Rs 49.7 million.

Increase in its paid-up capital by 155 percent has contracted its EPS by Rs 13.99 to Rs 14.94.

In the review period, the company collected deposit of Rs 872.8 million and extended loan of Rs 2.29 billion. The company earned a net interest income of Rs 42.5 million during the period.

The company has bad debt ratio of 0.51 percent, net worth per share of Rs 118.52 and P/E ratio of 43.17 times.

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