In the review period, the company earned a net profit of Rs 30.3 million. The net profit decreased by 63.80 percent compared to Rs 83.9 million of the review period of the last FY.
Decrease in net interest income and operating profit can be attributed to the decrease in its net profit during the period.
During the period, the company logged 24.209 percent decrease in net interest income, other operating income by 38.55 percent and total operating income by 27.75 percent.
In the review period, the company has maintained provision for possible losses of Rs 182.3 million which has caused operating losses of Rs 48.5 million.
The company increased its paid-up capital by 35 percent and reserve fund by 40.35 percent. The company increased its deposits by 17.24 percent and loans by 11.95 percent.
The company logged EPS of Rs 14.39, P/E ratio of 178.47 times and net worth per share of Rs 324.07.
