Laxmi Laghubitta Earns Rs 70 Mn in Net Profit

Jan 23, 2020 10:30 AM Merolagani

Laxmi Laghubitta Bittiya Sanstha (lLLBS) has earned a net profit of Rs 70.8 million in the second quarter of the current FY. The net profit increased by Rs 22.3 million compared to Rs 48.5 million of the corresponding period of the last FY.

The company with Rs 277.5 million in paid-up capital has a reserve fund of Rs 247.5 million. During the period, the company collected deposits of Rs 1.53 billion, borrowed Rs 2.39 billion and extended loan of Rs 4.32 billion.

Similarly, the company earned a net interest income of Rs 182.2 million and operating profit of Rs 112.5 million in the review period.

During the review period, the company maintained non-performing loan of 1.55 percent, EPS of Rs 50.95, P/E ratio of 17.33 times and net worth per share of Rs 188.95.

comments powered by Disqus

NIC Asia Bank’s Net Profit Declines by 52.31%

Apr 19, 2024 07:20 AM

NIC Asia Bank  (NICA) has published its third quarter report of the current FY. As per the report, the bank’s net profit has declined during the period.

Gold Price Breaks Previous Record

Apr 19, 2024 11:12 AM

Value of USD Hits New Record

Apr 19, 2024 11:32 AM