EPS of Sahara Bikas Bank Declines despite Growth in Net Profit

Aug 18, 2019 03:04 PM Merolagani

Sahara BIkas Bank (SHBL) has earned a net profit of Rs 19.3 million in the fourth quarter of the current FY compared to Rs 12.3million of the corresponding period of the previous FY.

However, the EPS of the bank decreased by Rs 5.15 due to capital increment. The EPS of the bank that was Rs 16.97 has declined to Rs 11.82 in the review period of the last FY.

The bank that will soon dissolve in Deva Bikas Bank has  Rs 163.3 million in paid-up capital  and reserve fund of Rs 69 million.

During the period, the company collected deposit of Rs 792 million and extended loan of Rs  644.9 million.

In the review period, the company earned Rs 44.5 million in net interest income.

The company has non-performing loan of 0.56 percent, net worth per share of Rs 142.28 and P/E ratio of 38.92 times.

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