Net Profit of Swarojgar Laghubitta Increases

May 04, 2022 02:52 PM Merolagani

Swarojgar Laghubitta Bittiya Sanstha (SLBBL) 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 131.7 million, a growth of 16.97 percent compared to  Rs 112.6 million of the review period of the last FY.

Increase in net interest income and operating profit helped to increase in net profit.

During the period, the company logged 35.33 percent increase in net interest income and total operating income by 33.03 percent and operating profit by 109.4 percent.

 The company increased its paid-up capital by 25 percent and reserve fund by 36.22 percent. The company increased its borrowing by 72.76 percent, deposits by 26.88 percent and loans by 46.33 percent.

The company logged EPS of Rs 24.18, P/E ratio of 28.5 times and net worth per share of Rs 143.80.

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