Swarojgar Laghubitta's Net Profit Grows 120%

Aug 04, 2019 11:34 AM Merolagani

Swarojgar Laghubitta Bittiya Sanstha (SLBBL) increased its net profit by 120.69 percent to Rs 80.7 million in the fourth quarter of the last FY compared to Rs 36.5 million of the corresponding period of the previous FY.

The company with Rs 269.8 million in paid-up capital has a reserve fund of Rs 125.2 million. It logged ESP of Rs 29.96, net worth per share of Rs 146.43 and P/E ratio of 14.72 times.

The bank increased its deposit collection by 60 percent to Rs 1.25 billion, borrowed Rs 1.42 billion and loan extension by 41 percent to Rs 3 billion. In the review period, the company increased its net interest income by 60 percent to Rs 203.7 million.

The company has a non-performing loan of 0.88 percent and made provision for possible loss of Rs 24.9 million.

comments powered by Disqus