RMDC Laghubitta Earns Rs 71 Mn in Net Profit

Nov 06, 2018 Merolagani

Rural Laghubitta Bittiya Sanstha (RMDC) has earned a net profit of Rs 70.9 million in the first quarter of the current FY. The company earned Rs 57.7 million in net profit in the corresponding period of the last FY.

The company with Rs 799.3 million in paid-up capital has reserve fund of Rs 1.35 billion. In the review period, the company borrowed 5.90 billion and extended loan of Rs 7.14 billion.

The company earned Rs 244.2 million in interest income and spent Rs 130.4 million in interest expenses. Through which, it earned a net interest income of Rs 113.7 million.

The company has bad debt of 0.0042 percent, EPS of Rs 35.51 and net worth per share of Rs 269.85.

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