Kathmandu. Nerude Mirmire 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.
During the review period, the company earned a net profit of Rs. 5.53 crores. Last year, 2081. The company had incurred a loss of Rs 26.11 crore till September 1980.
In the first three months of the current FY, the company earned an operating profit of Rs. 7.60 crores. The company had posted an operating loss of Rs 26.42 crore in the same period last year.
The company’s net interest income stood at Rs 40.33 crore during the review period. The company had posted a net profit of Rs 24.46 crore in the same period last year. Net interest income increased by 64.82 percent in the review period compared to the previous year.
The distributable profit of the company stood at Rs 7.91 crore as of mid-September of the current fiscal year. The company has a paid-up capital of Rs 1.39 billion.
As of the review period, the NPL ratio of the company has decreased to 15.70 percent. The NPL was 16.14 per cent in the same period last year.
The company has a reserve of Rs 1.47 billion and retained earnings of Rs 7.91 crore. In the previous year, the reserve was Rs 1.35 billion and retained earnings of Rs 13.39 crore.
During the review period, the company borrowed Rs 10.28 billion and extended loan of Rs 19.87 billion. The company had borrowed Rs 10.85 billion and extended loans of Rs 20.13 billion till mid-July of the previous year.
The EPS per share (EPS) of the company stood at Rs. 15.84 as of mid-October of the current FY. EPS was negative at Rs 74.73 in the corresponding period of the previous year. The company has a net worth of Rs 211.21 with a P/E ratio of 38.09 times.
