The bank earned a net profit of Rs 1.45 billion in the review period which is a growth of 42.71 percent compared to Rs 1.02 billion of the corresponding period of the previous FY.
Increase in net interest income and net fee and commission income can be attributed to the increase in net profit.
The bank logged a distributable profit of Rs 1.05 billion during the period.
In the review period, the net interest income of the bank increased by 44.75 percent, net fee and commission income by 136.37 percent, total operating income by 45.21 percent and operating profit by 42.68 percent.
Along with its net profit, its EPS has increased by Rs 2.02 to Rs 6.76. The bank has P/E ratio of 33.16 times and net worth per share of Rs 110.57.
The company with Rs 21.60 billion in paid-up capital has reserve fund of Rs 2.28 billion. During the period, it increased its deposit collection by 103.57 percent and loan extensions by 29.61 percent.
