Kathmandu. Global IME Bank in the last fiscal year 2082. The company has made public the unaudited financial statements of 83 years.
According to the financial report, the bank has earned a profit of Rs 6.22 billion in the last FY. Previous fiscal year 2081. The bank had earned a net profit of Rs 5.07 billion in the review period. The profit of the bank increased by 22.67 percent compared to the previous year.
In the review year, the bank’s distributable profit stood at Rs 4.58 billion. The dividend yield of the bank stands at 12.02 per cent.
In the last FY, the bank’s operating profit stood at Rs 8.68 billion. Operating profit was Rs. 7.23 billion in the previous year. The operating profit of the bank increased by 20.03 percent.
In the review year, the bank earned Rs 16.20 billion. The bank had posted a net profit of Rs 16.67 billion in the same period last year. Interest income decreased by 2.86 percent.
The bank has a paid-up capital of Rs 38.11 billion with rated earnings of Rs 4.58 billion and reserve capital of Rs 27.10 billion. In the previous year, the retained earnings were Rs 4.05 billion and the reserves were Rs 24.45 billion.
In the last fiscal year, the bank collected deposit of Rs 669.17 billion and extended loan of Rs 439.34 billion. In the previous fiscal year, the bank had collected deposit of Rs 550.62 billion and extended loan of Rs 410.11 billion. This figure also shows that the bank’s business has increased.
The non-performing assets ratio (NPL) of the bank declined to 0.59 percent in the review year. The bank’s NPL was 1.22 percent in the same period last year.
The bank’s annual earnings per share (EPS) has increased to Rs 16.34. The EPS was Rs 13.32 in the previous year. The bank has a net worth of Rs 183.14 per share with a P/E ratio of 14.69 times.
