Kathmandu. Kumari Bank 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 7.38 billion in the last FY. Previous fiscal year 2081. The bank had earned a net profit of Rs 1.81 billion in the review period. The profit of the bank increased by 305.96 percent compared to the previous year.
In the review year, the bank’s distributable profit stood at Rs 79.16 crore. In this way, the bank has the capacity to distribute 3.02 dividends.
In the review year, the operating profit of the bank increased to Rs 11.23 billion. Operating profit was limited to Rs. 5.58 billion in the previous year. The operating profit of the bank has also increased by 101.10 percent.
In the last fiscal year, the bank earned Rs 12.01 billion. Last year, the bank had earned Rs 11.62 billion. Interest income fell by 3.37 percent.
The bank has a paid-up capital of Rs 26.22 billion with rated earnings of Rs 791.6 million and reserve of Rs 17.77 billion. In the previous year, the retained earnings were negative by Rs 3.84 billion, while the reserves were Rs 14.74 billion.
In the review period, the bank collected deposit of Rs 402.73 billion and extended loan of Rs 270.92 billion. In the previous fiscal year, the bank collected deposit of Rs 3.64 billion and extended loan of Rs 260.32 billion.
In the review year, the bad loan ratio (NPL) of the bank increased to 1.94 percent. In the same period last year, the bank’s NPL was 0.74 percent.
The bank’s annual earnings per share (EPS) has increased to Rs 28.17. The EPS was limited to Rs. 6.94 a year ago. The bank has a net worth of Rs 170.80 per share with a P/E ratio of 7.45 times.
