The bank earned a net profit of Rs 1.02 billion in the review period which is growth of 22.56 percent compared to Rs 837.4 million of the corresponding period of the last FY.
Increase in net interest income and commission income can be attributed to the increase in net profit.
In the review period, the net interest income of the bank increased by 41.20 percent, net fee and commission by 398.19 percent, net operating income by 41.72 percent and operating profit by 23.14 percent. The bank logged Rs 808.5 million in distributable profit.
However, its EPS has increase to Rs 4.75. The bank has P/E ratio of 50.52 times and net worth per share of Rs 108.04.
In the review period, the bank increased paid-up capital by 8 percent while its reserve fund by 27.68 percent. Similarly, its deposits increased by 15.06 percent and loan extensions by 582.89 percent.
