Kathmandu. Shangrila Development Bank (Shangri-La Development Bank) in the last fiscal year 2082. It has published its unrevised financial statements of 83 years.
According to the financial report, the bank has earned a net profit of Rs 88.99 crore in the review period. Last year, 2081. The bank had posted a net profit of Rs 60.66 crore in the review period. The profit of the bank increased by 46.69 percent in the review period compared to the previous year.
In the review year, the bank earned an operating profit of Rs 1.35 billion. The bank had posted a net profit of Rs 88.44 crore in the same period last year. Operating profit has also increased by 52.98 percent compared to the previous year.
In the last fiscal year, the bank earned Rs 2.42 billion. It was 16.83 percent more than the previous year. The bank had posted a net profit of Rs 2.07 billion in the same period last year.
In the review year, the bank earned a distributable profit of Rs 49.23 crores. The bank has the capacity to distribute 13.19 percent dividend.
The bank has a paid-up capital of Rs 3.73 billion with Rs 492.3 million in retained earnings and Rs 2.10 billion in reserve. Last year, the bank had a retained earnings of Rs 36.83 crore and a reserve of Rs 1.70 billion.
In the last fiscal year, the bank collected deposit of Rs 56.92 billion and extended loan of Rs 45.87 billion. In the previous fiscal year, the bank collected deposit of Rs. 54.66 billion and extended loan of Rs. 42.82 billion.
In the review year, the bank’s annual earnings per share (EPS) increased to Rs 23.83 crore. The EPS of the bank was Rs 17.06 in the previous year. The bank has a P/E ratio of 16.95 times and a net worth per share of Rs 169.50.
