Increase in operating and non-operating profit during the period is attributed to the decline in net profit.
The bank with Rs 9.78 billion in paid-up capital has a reserve fund of Rs 3.85 billion and a shareholders fund of Rs 1.10 billion. During the period, the bank collected deposits of Rs 126.54 billion and extended loans of Rs 118.36 billion.
In the review period, the bank increased its net interest income by Rs 485 million to Rs 2.77 billion. Meanwhile, its net operating profit decreased by Rs 1.3 million to Rs 1.52 billion.
Similarly, the employee expenses of the bank increased by Rs 321.8 million to Rs 1.03 billion and other operating expenses by Rs 124.6 million to Rs 443.2 million in the review period.
The bank with Rs 574.9 million in distributable profit has EPS of Rs 21.57, net worth per share of Rs 150.72 and P/E ratio of 14.65 times.
The bank maintained a non-performing loan of 1.55 percent and return on equity of 13.82 percent. The bank has a base interest rate of 10.04 percent and a spread rate of 5.17 percent.
