The bank earned a net profit of Rs 2.29 billion in the review period compared to Rs 2.31 billion of the corresponding period of the previous FY. The net profit decreased by 1.07 percent during the period.
Although the bank increased its net interest income, decrease in operating profit pulled down its net profit during the period.
During the period, its net interest income increased by 5.35 percent, net fee and commission income by 3.63 percent, total operating income by 5.570 percent, however, its operating profit decreased by 1.76 percent. In the review period, the bank logged a distributable profit of Rs 1.46 billion during the period.
The bank logged EPS of Rs 20.24, P/E ratio of 13.63 times and net worth per share of Rs 151.01.
The bank increased its paid-up capital by 17 percent and reserve fund by 10.23 percent. Similarly, its deposit increased by 22.65 percent and loans by 15.19 percent.
