Kathmandu. Laxmi Sunrise Bank last fiscal year 2081. The financial statements of 82 have been made public.
According to the financial statement, the bank earned a profit of Rs 4.11 billion in the last fiscal year. The previous fiscal year 2080. The bank had posted a net profit of Rs 2.92 billion in 2017-19. In this way, the bank’s profit has increased by 40.97 percent compared to the previous year.
In the review year, the bank’s distributable profit stood at Rs 3.53 billion. In this way, the bank has the capacity to distribute 12.34 percent dividend. The dividend capacity was 5.36 percent in the previous year.
In the review year, the bank’s operating profit stood at Rs 6.09 billion. In the previous fiscal year, the operating profit was Rs 4.40 billion. The operating profit of the bank also increased by 38.55 percent.
In the last fiscal year, the bank earned Rs 11.37 billion in interest income. In the same period last year, the bank had earned Rs 12.36 billion in interest income. Interest income decreased by 7.99 percent.
The bank has a paid-up capital of Rs 24.34 billion, a retind earnings of Rs 3.53 billion and reserves of Rs 18.87 billion. In the previous fiscal year, the retained earnings stood at Rs 1.24 billion and reserves at Rs 16.07 billion.
In the review year, the bank collected deposits of Rs 367.5 billion and invested Rs 275.4 billion in loans. In the previous fiscal year, the bank collected deposits of Rs 328.93 billion and invested Rs 247.40 billion in loans.
In the review year, the bank’s bad loan ratio (NPL) decreased to 4.25 percent. In the same period last year, the bank’s NPL was 4.63 percent.
The bank’s annualised earnings per share (EPS) increased to Rs 16.91. Last year, the EPS was Rs 12.59. The bank has a net worth of Rs 186.63 per share with a PE ratio of 14.12 times.
