The bank earned a net profit of Rs 2.22 billion in the review period, a growth of 51.98 percent compared to Rs 1.33 billion of the review period of the previous FY.
Increase in net interest income and operating profit can be attributed to the increase in net profit.
During the period, the net interest income increased by 31.93 percent, net fee and commission income by 53.45 percent, total operating income by 24.58 percent and operating profit by 39.17 percent. The bank logged distributable profit of Rs 1.47 billion.
The bank raised its paid-up capital by 8 percent and reserve fund by 22.96 percent. In the review period, the bank collected deposits of 26.16 percent and loan by 28.13 percent.
The bank has EPS of Rs 18.15, P/E ratio of 11.62 times and net worth per share of Rs 147.79.
