The bank earned a net profit of Rs 1.16 billion in the review period which is a growth of 67.28 percent compared to Rs 694.5 million of the corresponding period of the last FY.
Increase in net interest income and operating profit can be attributed to the increase in net profit. The bank logged a distributable profit of Rs 916.1 million during the period.
In the review period, the net interest income of the bank increased by 55.22 percent, net fee and commission income by 355.03 percent, total operating income by 56.11 percent and operating profit by 67.31 percent.
Along with its net profit, its EPS has increased to Rs7.17. The bank has P/E ratio of 30.63 times and net worth per share of Rs 109.19.
In the review period, its reserve fund by 41.29 percent. Similarly, its deposits increased by 99.12 percent and loan extensions by 84.86 percent.
