Chhimek Laghubitta Increases Net Profit by 42.56%

Nov 10, 2019 12:59 PM Merolagani

Chhimek Laghubitta (CBBL) has increased its net profit by 42.56 percent to Rs 222.6 million in the first quarter of the current FY compared to the corresponding period of the last FY.

The company with Rs 1.18 billion in paid-up capital has reserve fund of Rs 1.86 billion. During the period, the company raised its EPS to Rs 75.46 a growth Rs 13 compared to the review period of the last FY.

In the review period, the company collected deposit of Rs 16.05 billion, borrowed Rs 4.55 billion and extended loan of Rs 19.79 billion. Through this, the company earned Rs 495.3 million in net interest income and operating profit of Rs 342.4 million.

In the review period, the company logged non-performing loan of 0.30 percent,   P/E ratio of 12.79 times and net worth per share of Rs 257.86.

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