Kathmandu. Asha Laghubitta Financial Institution last fiscal year 2081. The financial statements for the fourth quarter of 2018-19 have been made public.
According to the financial statement, the company earned a profit of Rs 209.2 million in the last fiscal year. The previous fiscal year 2080. The company had earned a profit of Rs 60 million in 2018. The company’s profit has increased by 248.28 percent compared to the previous year.
In the review year, the operating profit of the company was Rs 301.6 million. In the previous fiscal year, the operating profit was Rs 84.8 million. The operating profit of the company has increased by 255.36 percent compared to the previous year.
In the last fiscal year, the company earned Rs 738.8 million in interest income. In the previous fiscal year, the company had earned Rs 441.1 million in interest income. Interest income increased by 67.47 percent.
In the review year, the company’s distributable profit stood at Rs 163.6 million. With this, the company has the capacity to distribute 22.32 percent dividend.
With a paid-up capital of Rs 733 million, the company’s rated earnings and reserve size have increased to Rs 163.6 million and Rs 377 million respectively. Last year, the retained earnings stood at Rs 100.5 million and reserves at Rs 325.6 million.
In the review year, the company has invested Rs 10.44 billion in loans with a loan of Rs 6.45 billion. In the previous fiscal year, the company had invested Rs 9.55 billion in loans with a loan of Rs 6.39 billion.
In the review year, the bad loan ratio (NPL) of the company decreased to 4.48 percent. In the same period last year, the NPL of the organization was 4.81 percent.
The annualized earnings per share (EPS) of the company has increased to Rs 28.55. Last year, the EPS was Rs 9.37. With a PE ratio of 31.38 times, the company has a net worth of Rs 172.90 per share.
