The company earned a net profit of Rs 15.1 million in the review period compared to Rs 27.3 million of the corresponding period of the last FY. The net profit decreased by 44.73 percent during the period.
Although the company increased its its net interest income, increase in employee expenses and other operating expenses pulled down its net profit.
In the review period, its net interest income increased by 36.10 percent and total operating income by 40.33 percent. However, its operating profit decreased by 5.55 percent.
During the period, its deposit increased by 51.50 percent, borrowing by 200.50 percent and loan extension by 76.82 percent. The company increased its paid-up capital by 48.15 percent and reserve fund by 144.12 percent.
In the review period, it logged EPS of Rs 49.78, P/E ratio of 34.11 times and net worth per share of Rs 343.30.
