Although the company increases net interest income, increase in non-performing loan along with provision for possible losses pulled its net profit down.
During the period, the company collected deposit of Rs 431.1 million, borrowed Rs 562 million and extended loan of Rs 1.10 billion.
In the review period, the company earned net interest income of Rs 84 million and operating profit of Rs 19.9 million.
During the period, the non-performing loan of the company increased to 3.58 percent from 1.45 percent.
The company with Rs 100 million in paid-up capital has reserve fund of Rs 88.1 million. The company logged EPS of Rs 13.23, P/E ratio of 72.20 times and net worth per share of Rs 188.99.
