Janasewi Laghubitta Increases Net Profit by 280%

Jul 25, 2019 02:25 PM Merolagani

The net profit of Janasewi Laghubitta (JSLBSL) has increased by 279.57 percent to Rs 14.6 million in the fourth quarter of the last FY compared to Rs 3.8 million of the corresponding period of the previous FY.

During the period, the company increased its net interest income by 85.55 percent to Rs 48.8 million compared to Rs 26.3 million.

In the review period, the company collected deposit of Rs 196.2 million, borrowed Rs 319.7 million and extended loan of Rs 661 million.

The company with Rs 144.3 million in paid-up capital has reserve fund of Rs 18.9 million.

The company is in merger process with Kalika Laghubitta.

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