The net profit increased by 6.62 percent i.e. Rs 105.2 million compared to the corresponding period of the last FY.
In the previous FY, the bank earned a net profit of Rs 1.59 billion. In the review period, the bank earned a net interest income of Rs 3.41 billion compared to Rs 3.16 billion of the review period of the previous FY.
Meanwhile, its operating profit decreased to Rs 2.14 billion compared to Rs 2.29 billion of the review period of the previous FY.
The bank has distributable profit of Rs 1.12 billion in the review period. The bank with paid-up capital of Rs 9.81 billion has a reserve fund of Rs 2.54 billion and shareholders fund of Rs 1.60 billion.
The bank has EPS of Rs 15.23, net worth per share to Rs 142.24 and P/E ratio of 13.81 times.
however, the non-performing loan has decreased to 1.04 percent.
The bank has base rate is at 9.23 percent and spread rate at 3.94 percent.
