Janasewi Laghubitta Increases Net Profit by 260%

Apr 26, 2019 Merolagani

Janasewi Laghubitta Bittiya Sanstha (JSLBSL) has increased its net profit by 260.90 percent to Rs 8.7 million in the third quarter of the current FY compared to Rs 2.4 million net profit of the corresponding period of the last FY.

The company that doubled its paid-up capital to Rs 98 million increased its reserve fund by 352 percent to Rs 13.1 million.

During the period, the company collected deposit of Rs 174.9 million, borrowed Rs 307.5 million and extended loan of Rs 572.6 million.

The company earned net interest income of Rs 33 million during the review period.

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