Aadhikhola Laghubitta Increases Net Profit by 19.76%

May 03, 2022 11:59 AM Merolagani

Aadhikhola Laghubitta Bittiya Sanstha (AKBSL) has published its third quarter report of the current FY. As per the company’s report, its net profit has increased compared to the corresponding period of the last FY.

In the review period, the company earned a net profit of Rs 34.8 million, a growth of 19.76 percent compared to  Rs 29 million of the review period of the last FY.

Increase in net interest income and operating profit can be attributed to the increase in the net profit.

During the period, the company logged 7.46 percent increase in net interest income, total operating income by 8.97 percent and 18.31 percent increment in operating profit.

The company increased its reserve fund by 36.95 percent. The company increased its borrowing by 23.07 percent, deposits by 23.77 percent and loans by 28.39 percent.

The company logged EPS of Rs 46.44, net worth per share of Rs 195.55 and P/E ratio of 10.01 times.

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