Andhi Khola Laghubitta Earns Net Profit above Rs 15 Mn

Sep 10, 2019 01:02 PM Merolagani

Andhikhola Laghubitta (AKBSL) has earned a net profit of Rs 15.8 million in the fourth quarter of the last FY compared to net loss of Rs 1.6 million of the previous FY.

During the period, the company collected a deposit of Rs 227.5 million which was Rs 103.1 million in the previous FY. During the period, the company borrowed Rs 415.5 million and extended loan of Rs 676.8 million.

In the review period, the company earned a net interest income of Rs 40.8 million. The company has a paid-up capital of Rs 100 million, a reserve fund of Rs 20.6 million and bad debt ratio of 1.23 percent.

 

 

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