Kathmandu. Mahuli Laghubitta Bittiya Sanstha in the current fiscal year 2082. The company has published its unrevised annual financial statements for the first quarter (July-September) of 2018.
According to the financial report, the company has earned a net profit of Rs 3.44 crore in the first three months of the current FY. The company had posted a net profit of Rs 44.98 crore in the same period last year. The profit of the company has increased by 7578.62 percent compared to the previous year.
During the review period, the operating profit of the company increased by 7571.81 percent to Rs 49.2 million. Such profit was limited to Rs 64.26 lakh in the same period of the previous year.
The company’s net interest income stood at Rs 11.13 crore as of mid-September of the current fiscal year. The company had posted a net profit of Rs 8.44 crore in the same period last year. Compared to the previous year, the net interest income increased by 31.91 percent.
The distributable profit of the company stood at Rs. 13.83 crore in the review period. As of the first quarter, the dividend distribution capacity of the company stood at 37.41 percent.
The NPL ratio of the company has increased to 5.95 percent. Last year, the NPL was 4.83 percent.
The company has a paid-up capital of Rs 36.99 crore and a reserve of Rs 13.83 crore. In the previous year, it was Rs 12.41 crore in retained earnings and Rs 29.89 crore in reserves. The size of the retained earnings and reserves has increased.
In the review year, the company has borrowed Rs 3.04 billion and extended loan of Rs 5.56 billion. The company had borrowed Rs 2.91 billion and extended loan of Rs 5.24 billion till mid-July of the previous year.
Compared to the previous year, the company’s annual earnings per share (EPS) increased by Rs. 0.56 to Rs. 37.28. The company has a net worth of Rs 223.60 per share with a PE ratio of 34.17 times.
