As per the report the bank earned a net profit of Rs 4.08 billion in the review period compared to Rs 3.55 billion of the corresponding period of the previous FY.
The net profit increased by 14.83 percent during the period. Increase in net interest income and reverse of impairment charge can be attributed to the growth in the net profit.
During the period, the net interest income increased by 6.37 percent and operating profit by 31.41 percent. Meanwhile, its total operating income decreased by 1.72 percent. The bank has a distributable profit of Rs 2.03 billion.
The bank increased its paid-up capital by 12.61 percent and reserve fund by 0.07 percent. The bank increased
The bank logged EPS of Rs 22.32, net worth per share of Rs 187.21 and P/E ratio of 11.87 times.
