The company increased its net profit with the help of increased net interest income and recovery of non-performing loans.
in the review period, the company increased its net interest income to Rs 79.4 million. Similarly, its operating profit increased to Rs 69.8 million. The company recovered Rs 13.1 million in non-performing loans.
During the period, the company borrowed Rs 3.43 billion and extended loan of Rs 3.18 billion. The company has bad debt of 0.64 percent.
The company maintained a provision for possible losses of Rs 12.9 million.
The company has a paid-up capital of Rs 731.9 million and reserve fund of Rs 114.6 million.
The company logged EPS of Rs 14.29, P/E ratio of 49.34 times and net worth per share of Rs 115.66.