The company earned a net profit of Rs 18.6 million in the review period compared to Rs 41.1 million of the corresponding period of the previous FY. The net profit decreased by 54.75 percent during the period.
In the review period, its net interest income decreased by 9.17 percent, total operating income increased by 0.57 percent. Meanwhile, its operating profit decreased by 70.27 percent. The company that recovered Rs 17.9 million in bad debt in the previous FY recovered Rs 15.1 million in bad debt in the last FY.
During the period, its borrowing increased by 42.40 percent, deposit by 36.57 percent and loan extension by 41.87 percent. The company increased paid-up capital by 18.99 percent and reserve fund by 77.57 percent.
In the review period, it logged EPS of Rs12.28, P/E ratio of 77.57 times and net worth per share of Rs 131.56.
