Kamana Sewa Increases Net Profit

Apr 29, 2019 Merolagani

Kamana Sewa Bikas Bank has earned a net profit of Rs 212 million in the third quarter of the current FY. The net profit decreased by 7.03 percent compared to Rs 228.1 million of the corresponding period of the last FY.

The bank with Rs 2.50 billion in paid-up capital has reserve fund of Rs 1.12 billion. The bank collected deposit of Rs 20.27 billion and extended loan of Rs 17.90 billion.

In the review period, the bank earned net interest income of Rs 599.4 million that was Rs 492.1 million in the last FY.

The bank maintained non-performing loan of 1.07 percent, EPS of Rs 11.30, net worth per share of Rs 145.04 and P/E ratio of 12.65 times.



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