Kathmandu. Infiniti Laghubitta Financial Institution last fiscal year 2081. The financial statements for the fourth quarter of 2018-19 have been made public.
According to the financial statement, the company earned a profit of Rs 93.7 million in the last fiscal year. The previous fiscal year 2080. The company had earned a profit of Rs 45.7 million in 2018. In this way, the profit of the organization has increased by 104.71 percent compared to the previous year.
In the review year, the company’s distributable profit was Rs 80 million. In the previous fiscal year, the company’s distributable profit was negative by Rs 4.9 million.
In the review year, the operating profit of the organization increased to Rs 134 million. In the previous year, the operating profit was limited to Rs 49.8 million. The operating profit of the company has also increased by 170.77 percent.
In the last fiscal year, the company earned Rs 404.9 million in interest income. In the previous year, the company had earned Rs 290 million in interest income. Interest income increased by 39.64 percent.
With a paid-up capital of Rs 497.4 million, the company’s rated earnings and reserve size have increased to Rs 80.3 million and Rs 201.7 million respectively. In the previous year, the retained earnings were negative by Rs 4.918 million and the reserve was Rs 192.5 million.
In the review year, the company has invested Rs 5.83 billion in loans with a loan of Rs 3.97 billion. In the previous fiscal year, the company had invested Rs 5.18 billion in loans with a loan of Rs 3.27 billion.
In the review year, the bank’s bad loan ratio (NPL) decreased to 7.43 percent. The NPL was 10.19 percent in the same period last year.
The company’s annualized earnings per share (EPS) increased by 104.67 percent to Rs 18.85. Last year, the EPS was limited to Rs 9.21. With a PE ratio of 46.16 times, the company has a net worth of Rs 156.65 per share.
