As per the report, it recorded a distributable profit of Rs 2.20 billion in the review period. It has distributable profit per share of Rs 17.73 i.e. 17.73 percent.
During the period, it earned Rs 2.61 billion in net profit compared to Rs 2.09 billion of the previous FY. the net profit increased by 25.16 percent during the period.
Increase in net interest income and operating profit can be attributed to the increase in net profit.
During the period, its net interest income increased by 39.50 percent while its net fee and commission income declined by 8.11 percent. Similarly, its total operating income increased by 26.77 percent and operating profit by 27.96 percent.
Along with its net profit, its EPS increased by Rs 2.54 to Rs 21.02. Similarly, it has P/E ratio of 12.39 times and net worth per share of Rs 155.51.
The bank with Rs 12.46 billion in paid-up capital has reserve fund of Rs 6.91 billion. The bank raised its deposit by 11.51 percent and loan extension by 6.50 percent.
