Kathmandu. Citizen Investment Trust (CIT) in the last fiscal year 2082. The company has made public the unrevised financial statements for the second quarter (July-December) of 83 B.S.
In the first six months of the current FY, the EPF has earned a net profit of Rs 66.53 crore. Last year, 2081. The fund had earned a net profit of Rs 62.22 crore in the first quarter of 2018. The net profit increased by 6.92 percent in the review year compared to the previous year.
In the review period, the interest income of the fund decreased by 10.20 percent to Rs 176.4 million compared to the previous year. In the same period last year, the fund’s interest income was Rs 19.33 crore.
During the review period, the EPF earned Rs 83.94 crore as service charge and commission. Such income was Rs 81.01 crore in the same period of the previous year. In the review year, the fund’s income from service charge and commission increased by 3.62 percent compared to the previous year.
The paid-up capital of the fund increased by 11.46 percent to Rs 294.65 billion from Rs 6.80 billion. In the previous fiscal year, the fund had amounted to Rs 264.35 billion.
The total investment of the fund stood at Rs 298.67 billion in the review period. In the same period of the previous year, the total investment of the fund was Rs 264.77 billion. The fund’s investment has increased by 12.80 percent in a year.
The fund’s annual earnings per share (EPS) has increased marginally to Rs 19.55 till mid-January of the current fiscal year. Last year, the EPS was Rs 19.20. The net worth per share of the fund is Rs 142.40 with a return on investment of 4.49 percent.
