The company earned a net profit of Rs 70.3 million in the review period compared to Rs 96.5 million of the corresponding period of the previous FY. The net profit decreased by 27.15 percent during the period.
Although the company raised its net interest income, increase in employee expenses as well as other operating expense can be attributed to the increase in net profit.
In the review period, its net interest income increased by 11.35 percent and total operating income by 8.59 percent. Meanwhile, its operating profit decreased by 26.78 percent.
During the period, its borrowing increased by 14.58 percent, deposit by 28.05 and loan extension by 15.67 percent. The company has Rs 367.1 million in paid-up capital and reserve fund of Rs 141.3 million.
In the review period, it logged EPS of Rs 19.16, P/E ratio of 43.06 times and net worth per share of Rs 138.51.
