Nagbeli Laghubitta Improves Net Profit

Aug 12, 2020 04:34 PM Merolagani

Nagbeli Laghubitta (NBBL) that is being acquired by Mirmire Laghubitta has published its fourth quarter report of the last FY. The company earned a net profit of Rs 39.6 million in the review period.

The net profit increased by Rs 4.1 million compared to the corresponding period of the previous FY.

The company with Rs 211.2 million in paid-up capital has reserve fund of Rs 112.2 million.

In the review period, the company collected deposit of Rs 389.4 million, borrowed Rs 519.1 million and extended loan of Rs 1.20 billion. The company earned Rs 125.7 million in net interest income in the review period compared to Rs 92.2 million of the previous FY.

During the period, the company earned operating profit of Rs 62.5 million. The company has non-performing loan of 1.96 percent, EPS of Rs 18.77 and net worth per share of Rs 156.12.

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