Net Profit of Sana Kisan Laghubitta Increases, EPS Decreases

May 05, 2019 Merolagani

The net profit of Sana Kisan Bikas Laghubitta (SKBBL) has increased by 24 percent to Rs 345.9 million in the third quarter of the current FY compared to Rs  278.4 million of the corresponding period of the last FY.

However, failure of the company to increase its net profit in proportionately with capital increment has dragged its EPS down. In the review period, the company increased its capital by 25 percent to Rs 786 million. The bank has EPS of Rs 58.59 and reserve fund of Rs 1.52 billion.

In the review period, the company increased deposit collection by 17 percent and loan extension by 16 percent.

The company has bad debt of 0.15 percent,  net worth per share of Rs 294.56 and P/E ratio of 15.59 times.  

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