As per the report the bank earned a net profit of Rs 1.23 billion in the review period compared to Rs 875.1 million of the corresponding period of the last FY.
The net profit increased by 41.21 percent during the period. Increase in net interest income and operating profit can be attributed to the increase in the net profit.
During the period, the net interest income increased by 48.06 percent and operating profit by 45.93 percent. The bank has distributable profit of Rs 745.9 million.
The bank with Rs 14.20 billion in paid-up capital has reserve fund of Rs 4.71 billion. in the review period, the bank collected deposits of Rs 141.08 billion and extended loans of Rs 127.57 billion.
The bank logged EPS of Rs 17.45, net worth per share of Rs 138.48 and P/E ratio of 17.33 times.
