EPS of Nagbeli Laghubitta Declines

Feb 13, 2019 Merolagani

The net profit of Nagbeli Laghubitta (NBBL) has decreased by 9.79 percent in the second quarter of the current FY compared to the corresponding period of the last FY. Similarly, its EPS declined by Rs 17.01 due to increase in paid-up capital while a downfall in net profit.

In the Q2, the company has earned a net profit of Rs 10.7 million compared to Rs 11.8 million of the last FY. The company with a paid-up capital of Rs 153.3 million has EPS of Rs 13.98 during the period.

However, the company increased its reserve fund by 42.63 percent to Rs 73.6 million. During the period, the company collected deposit of Rs 279.1 million, borrowed Rs 373.7 million and extended loan of Rs 732.2 million.

In the review period, the company earned a net interest income of Rs 35.5 million and other operating income of Rs 10.1 million. The company spent Rs 18.8 million in employee expenses and Rs 5 million in other operating expenses.

The bad debt of the company increased to 4.81 percent during the period. The company has net worth per share of Rs 130.16 and P/E ratio of 55.79 times.

comments powered by Disqus

Development Banks Record Minimal Degrowth

Apr 24, 2024 06:56 AM

The net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.

Gold and Silver Price Decline

Apr 25, 2024 10:37 AM