Net Profit of Central Finance Decreases

May 01, 2019 Merolagani

Central Finance (CFCL) has earned a net profit of Rs 32.4 million in the third quarter of the current FY compared to Rs 45.3 million of the corresponding period of the last FY.

The company with Rs 823.3 million in paid-up capital has reserve fund of Rs 143.3million. In the review period, the company collected deposit of Rs 3.26 billion and extended loan of Rs 3.04 billion.

In the review period, the company earned Rs 119.7 million in net interest income compared to Rs 85.8 million of the review period of the last FY.

The company has bad debt of  3.16 percent, EPS of Rs5.26  , net worth per share of Rs 117.41  and P/E ratio of 28.43 times.  

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