The bank has distributable profit of Rs 223 million in the review period. The growth in the net profit is attributed to increase in operating profit and interest income. The bank earned Rs 765.7 million in operating profit during the period.
During the period, the bank collected deposit of Rs 39.92 billion and extended loan of Rs 41.41 billion. The bank earned Rs 1.57 billion in net interest income during the period.
The bank with Rs 8 billion in paid-up capital has reserve fund of Rs 1.63 billion.
In the review period, the bad debt of the bank increased to 3.96 percent from earlier 3.74 percent. Similarly, its cost of fund decreased to 8.40 and base interest rate decreased to 11.20 percent.
The bank has EPS of Rs 6.17, net worth per share of Rs 125.01 and P/E ratio of 25.93 times.