Chautari Laghubitta Increases Net Profit by 173%

Jul 21, 2019 02:12 PM Merolagani

Chautari Laghubitta Bittiya Sanstha (CHLBS) has increased its net profit by 173.56 percent to Rs 28.2 million in the fourth quarter of the last FY compared to Rs 10.3 million of the previous FY.

During the period, the company increased its paid-up capital to Rs 186 million from earlier Rs 126 million while its reserve fund by Rs 28.2 million to Rs 43.2 million.

In the review period, the company collected deposit of Rs 477.2 million, borrowed Rs 899.9 million and extended loan of Rs 1.56 billion.

During the period, the company earned net interest income of Rs 95.5 million. The net interest income increased by 85.89 percent compared to the last FY.

In the review period, the company maintained non-performing loan of 0.51 percent, EPS of Rs 15.17, net worth per share of Rs 123.20 and P/E ratio of 30.58 times.

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