Kathmandu. RSDC Microfinance Financial Institution for the current fiscal year 2081. It has made public the unaudited financial statements up to the third quarter of 2018.
According to the financial statement, the company has earned a profit of Rs 69.8 million till the review period. In the same period last year, the company had earned a profit of Rs 112.1 million. The company’s profit declined by 37.66 percent in the review period compared to the previous year.
Till the third quarter, the company has earned an operating profit of Rs 140 million. In the previous year, the operating profit was Rs 2 million 34 thousand. Operations decreased by 31.13 percent in the review period as compared to the previous year.
During the review period, the company earned a net interest income of Rs 170.9 million. In the same period last year, the company had earned a net interest income of Rs 185.1 million. The interest income of the company decreased by 7.68 percent.
With a paid-up capital of Rs 1.34 billion, the reserve size of the company has increased to a height of Rs 178.5 million. In the previous year, the reserve was Rs 164.5 million.
During the review period, the company has invested Rs 6.64 billion in loans with a loan of Rs 6.30 billion. In the previous fiscal year, the company had invested Rs 6.30 billion in loans with a loan of Rs 5.35 billion.
The bad loan ratio (NPL) has increased to 3.13 per cent during the review period. In the same period last year, the NPL of the organization was 2.99 percent.
The company’s annualized earnings per share (EPS) declined to Rs 9.01. Last year, the EPS was rs 15.83. With a PE ratio of 78.17 times, the company has a net worth of Rs 122.78 per share.
