Nepal Finance Raises Net Profit by 85%

Aug 05, 2022 03:36 PM Merolagani



Nepal Finance (NFS) has earned a net profit of Rs 48.5 million in fourth quarter of the last FY. The net profit increased by 85.21 percent compared to Rs 26.2 million of the corresponding period of the previous FY.

In the review period, its net interest income increased by 284.25 percent and operating profit increased by 212.20 percent.

During the period, the company collected deposit of Rs 1.62 billion and extended loan of Rs 989.1 million.

The company with Rs 725.4 million in paid-up capital has reserve fund of Rs 448.5 million.

The company logged EPS of Rs 9.63, P/E ratio of 31.25 times and net worth per share of Rs 131.05.




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