Kathmandu. Himalayan 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 91.7 million in the last fiscal year. The previous fiscal year 2080. The organization had incurred a loss of Rs 2 million in 1981. The loss-making organization has become profitable in the current fiscal year.
In the review year, the company’s distributable profit was Rs 63.1 million. The company’s dividend capacity is 19.76 percent.
In the review year, the operating profit of the company increased to Rs 131.1 million. Last year, the operating deficit was Rs 3.5 million.
In the last fiscal year, the company earned Rs 353 million in interest income. In the previous fiscal year, the company had earned Rs 222.7 million in interest income. Interest income has increased by 58.50 percent.
With a paid-up capital of Rs 319.8 million, the company’s rated earnings and reserve size have increased to Rs 63.1 million and Rs 119.2 million, respectively. In the previous year, the retained earnings were negative by Rs 6.54 6 million and the reserve was Rs 97.1 million.
In the review year, the company invested Rs 4.92 billion in loans with a loan of Rs 3.82 billion. In the previous fiscal year, the company had invested Rs 3.74 billion in loans with a loan of Rs 2.60 billion.
In the review year, the bad loan ratio (NPL) of the organization increased to 5.33 percent. In the same period last year, the NPL of the organization was 3.49 percent.
The annualized earnings per share (EPS) of the company has increased to Rs 28.70. In the previous year, eps was negative by Rs 0.63. With a PE ratio of 35.38 times, the company has a net worth of Rs 148.16 per share.
