NESDO Laghubitta Increases Net Profit Despite Declined Interest Income

Aug 05, 2022 02:58 PM Merolagani

NESDO Laghubitta Bittiya Sanstha (NESDO) has published its fourth quarter report of the last FY.

As per the report, the company has increased its net profit despite a decline in net interest incoem in the review period compared to the corresponding period of the previous FY.

The company earned a net profit of Rs 221.9 million in the review period compared to Rs 129.7 million of the corresponding period of the previous FY. The net profit increased by 71.06 percent during the period.

In the review period, its net interest income decreased by 7.58 percent however its other operating income increased by 34 percent.

The company with Rs 255 million in paid-up capital has EPS of Rs 87.04 and net worth per share of Rs 342.78.

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