The bank earned a net profit of Rs 2.16 billion in the review period compared to Rs 2.60 billion of the corresponding period of the previous FY. The net profit increased by 34.43 percent during the period.
Increase in net interest income and operating profit pulled up its net profit during the period.
During the period, its net interest income increased by 16.67 percent, net fee and commission income by 14.95 percent, total operating income by 12.90 percent and operating profit by 26.75 percent. In the review period, the bank logged a distributable profit of Rs 1.32 billion during the period.
The bank logged EPS of Rs 21.07, P/E ratio of 12.06 times and net worth per share of Rs 145.70.
The bank increased its paid-up capital by 13.30 percent and reserve fund by 22.90 percent. Similarly, its deposit increased by 10.19 percent and loans by 13.20 percent.
