RMDC Laghubitta's Reserve Fund Rs 1.5 Bn

Apr 26, 2019 Merolagani

The reserve fund of RMDC Laghubitta Bittiya Sanstha (RMDC) has reached Rs 1.52 billion in the third quarter of the current FY. In the corresponding period of the last FY, the company had Rs 171.7 million in the reserve fund.

In the review period, the company increased its net profit by 35.3 percent to Rs 244.4 million compared to Rs 180.6 million of the last FY. In the same time, it increased its paid-up capital to Rs 799.3 million by distributing 10 percent stock dividend.

During the period, the company borrowed Rs 6.42 billion and extended loan of Rs 7.81 billion. In the review period, the company increased its net interest income by 20.22 percent to Rs 348.9 million.

The company has EPS of Rs 40.77, net worth per share of Rs 291.23 and P/E ratio of 13.41 times.

Join us on Viber 

 

comments powered by Disqus

NIC Asia Bank’s Net Profit Declines by 52.31%

Apr 19, 2024 07:20 AM

NIC Asia Bank  (NICA) has published its third quarter report of the current FY. As per the report, the bank’s net profit has declined during the period.

Gold Price Breaks Previous Record

Apr 19, 2024 11:12 AM