Swarojgar Laghubitta Earns Net Profit of Rs 18 million

Nov 04, 2019 09:51 AM Merolagani

Swarojgar Laghubitta Bittiya Sanstha (SLBBL) has earned a net profit of Rs 28 million in the first quarter of the current FY compared to Rs 12.4 million of the corresponding period of the last FY. The net profit increased by Rs 18 million during the review period.

The company with Rs 269.5 million in paid-up capital has EPS of Rs 41.69. It has a reserve fund of Rs 153.3 million that increased by Rs 103.6 million compared to the review period of the last FY.

During the period, the company collected deposit of Rs 1.38 billion, borrowed Rs 1.62 billion and extended loan of Rs 3.17 billion.

In the review period, the company improved its net interest income by Rs 25.1 million to Rs 68.4 million. Similarly, the company earned Rs 14.4 million in operating profit.

Meanwhile, the company has non-performing loan of 0.98 percent, P/E ratio of 12.95 times and net worth per share of Rs 156.88.

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