Kathmandu. Global IME Bank last fiscal year 2081. Financial statements for the fourth quarter of 82 have been made public.
According to the financial statement, the bank earned a profit of Rs 6.20 billion in the last fiscal year. The previous fiscal year 2080. The bank had posted a net profit of Rs 6.13 billion in 2017-19. In this way, the bank’s profit has increased by 1.1 percent compared to the previous year.
In the review year, the bank’s net profit stood at Rs 5.37 billion. The bank has the capacity to distribute 14.11 percent dividend. The bank’s dividend capacity was 1.40 percent in the previous year.
In the review year, the bank’s operating profit stood at Rs 8.77 billion. In the previous fiscal year, the operating profit was Rs 9.01 billion. The operating profit of the bank decreased by 2.75 percent.
In the fourth quarter of the last fiscal year, the bank earned Rs 16.71 billion in interest income. In the same period last year, the bank had earned Rs 16.85 billion in interest income. Interest income also declined by 0.85 percent.
The bank has a paid-up capital of Rs 38.11 billion, a retind earnings of Rs 5.37 billion and reserves of Rs 24.21 billion. In the previous fiscal year, the retained earnings stood at Rs 506.7 million and the reserve was Rs 24.77 billion.
In the review year, the bank collected deposits of Rs 550.62 billion and invested Rs 411.79 billion in loans. In the previous fiscal year, the bank collected deposits of Rs 487.45 billion and invested Rs 369.42 billion in loans.
In the review year, the bank’s bad loan ratio (NPL) increased to 4.87 percent. In the same period last year, the bank’s NPL was 4.17 percent.
The bank’s annualised earnings per share (EPS) declined to Rs 16.28. Last year, the EPS was Rs 16.99. The bank has a net worth of Rs 177.63 per share with a PE ratio of 15.95 times.
