By the second quarter, the company has earned a net profit of Rs 114.7 million. The net profit decreased by 21.49 percent compared to Rs 146.1 million earned in the corresponding period of the last FY.
Decrease in net interest income can be attributed to decline in net profit.
By the review period, the company earned Rs 201.2 million in net interest income. The net interest income decreased by Rs 32.1 million. Similarly, the operating profit of the company decreased by Rs 46.4 million to Rs 181.9 million.
During the period, the company borrowed Rs 7.76 billion and extended loan of Rs 9.64 billion. The company has bad debt of 0.0605 percent.
The company maintained a provision for possible losses of Rs 17 million.
The company has a paid-up capital of Rs 1.03 billion and reserve fund of Rs 1.63 billion.
The company logged EPS of Rs 22.19, P/E ratio of 52.73 times and net worth per share of Rs 258.23.
