Kathmandu. Machhapuchchhre Bank last fiscal year 2081. Financial statements for the fourth quarter of 82 have been made public.
According to the financial statement, the bank earned a profit of Rs 2.01 billion in the last fiscal year. The previous fiscal year 2080. The bank had posted a net profit of Rs 1.04 billion in 2017-19. In this way, the bank’s profit has increased by 92.45 percent compared to the previous year.
In the review year, the bank’s distributable profit stood at Rs 1.07 billion. In the review year, the bank’s ability to distribute dividends was 9.23 percent.
In the review year, the operating profit of the bank increased to Rs 3.33 billion. In the previous fiscal year, the operating profit was limited to Rs 1.66 billion. The operating profit of the bank also increased by 99.91 percent.
In the fourth quarter of the last fiscal year, the bank earned Rs 5.75 billion in interest income. In the same period last year, the bank had earned Rs 4.98 billion in interest income. Interest income decreased by 15.41 percent.
With a paid-up capital of Rs 11.62 billion, the bank’s retind earnings and reserve size have increased to Rs 1.07 billion and Rs 6.31 billion respectively. In the previous year, the retained earnings were negative by Rs 359.8 million, while the reserve was Rs 5.82 billion.
In the review year, the bank collected deposits of Rs 184.17 billion and invested Rs 141.63 billion in loans. In the previous fiscal year, the bank collected deposits of Rs 1.58 billion and invested Rs 126.75 billion in loans.
The bank’s bad loan ratio (NPL) declined to 3.83 per cent in the review year. In the same period last year, the bank’s NPL was 3.86 percent.
The bank’s annualised earnings per share (EPS) increased to Rs 17.31. Last year, the EPS was limited to Rs 8.99. The bank has a net worth of Rs 163.08 per share with a PE ratio of 14.99 times.
