Net Profit of Grameen Bikas Increases

May 05, 2019 Merolagani

The net profit of Grameen Laghubitta (GBLBS) has increased by 14.37 percent  to Rs 164.4 million in the third quarter of the current FY compared to Rs 143.7 million of the corresponding period of the last FY.

The company with Rs 655 million in paid-up capital has reserve fund of Rs 560 million. the company is set to issue 50 percent right shares from May 10.

In the review period, the company collected deposit of Rs 3.09 billion, borrowed Rs 4.76 billion and extended loan of Rs 9.68 billion.

The company has bad debt of 4.76 percent, EPS of Rs 33.47 , net worth per share of Rs  185.54 and P/E ratio of 13.32 times.  



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