In the first quarter, the company earned Rs 4.1 million net profit. The company increased its net profit by Rs 7.8 million in the last three months.
The company that is forwarding IPO process has also improved reserve fund, deposit collection and loan extension.
The company that has paid-up capital of Rs 112 million has reserve fund of Rs 13.1 million. In the review period of the last FY, the company had reserve loss of Rs 5.1 million.
The company is planning to issue 30 percent i.e. 480,000 units of shares of its issued capital worth Rs 48 million to the general public.
