As per the report, the net profit as well as EPS of the company have declined in the review period compared to the corresponding period of the last FY.
The company earned a net profit of Rs 33 million in the review period compared to Rs 123.4 million of the corresponding period of the last FY. The net profit decreased by 73.24 percent during the period.
Decrease in net interest income and operating profit pulled down its net profit.
In the review period, its net interest income decreased by 27.95 percent and net fee and commission income by 8.31 percent. Similarly, its total operating income decreased by 26.83 percent and operating profit by 73.28 percent.
During the period, its EPS declined by Rs 37.76 to Rs 11.54. the company logged P/E ratio of 64.94 times and net worth per share of Rs 145.70.
The company with Rs 381.6 million in paid-up capital reserve fund of Rs 174.4 million. The company collected deposit and borrowing of Rs 4.58 billion and has extended loans of Rs 5.18 billion.
