Swabhiman Laghubitta Earns Net Profit of Rs 25 Mn

Aug 11, 2019 12:05 PM Merolagani

Swabhiman Laghubitta (SMFBS) has earned a net profit of Rs 25.8 million in the fourth quarter of the last FY compared to Rs 232,000 of the corresponding period of the previous FY.

During the period, the company collected deposit of Rs 278.2 million, borrowed Rs 476 million and extended loan of Rs 792.1 million.

In the review period, the company increased its net interest income by 283.51 percent to Rs 53.2 million from earlier Rs 13.8 million.

The company with Rs 61.8 million in paid-up capital has reserve fund of Rs 23.1 million.

In the review period, the company maintained a non-performing loan of 0.60 percent, EPS of Rs 41.78, net worth per share of Rs 137.42 and P/E ratio of 11.27 times.

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