Swabalamban Laghubitta Earns Net Profit of Rs 122 Mn

Nov 10, 2019 01:09 PM Merolagani

Swabalamban Laghubitta (SWBBL) has increased its net profit by 42.47 percent to Rs 122 million in the first quarter of the current FY compared to Rs 85.6 million of the corresponding period of the last FY.

The company with Rs 628.8 million in paid-up capital has reserve fund of Rs 1.36 billion and EPS of Rs 77.62.

In the review period, the company collected deposit of Rs 7.99 billion, borrowed Rs 6.51 billion and extended loan of Rs 15.04 billion. Through this, the company earned Rs 320.6 million in net interest income and operating profit of Rs 342.4 million.

In the review period, the company logged non-performing loan of 0.91 percent,   P/E ratio of 11.79 times and net worth per share of Rs 316.43.

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