Kathmandu. Mahuli 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 114.5 million in the last fiscal year. The previous fiscal year 2080. The company had earned a profit of Rs 32.1 million in 2018. The company’s profit has increased by 255.80 percent compared to the previous year.
In the review year, the company’s distributable profit stood at Rs 124.1 million. The company’s dividend capacity is 33.57 percent.
In the review year, the operating profit of the organization was Rs 163.6 million. In the previous fiscal year, the operating profit was Rs 49.2 million. The operating profit of the company has increased by 232.33 percent compared to the previous year.
In the last fiscal year, the company earned Rs 367.2 million in interest income. In the previous fiscal year, the company had earned Rs 256.7 million in interest income. Interest income increased by 43.03 percent.
The company’s retained earnings and reserve size has increased to Rs 124.1 million and Rs 298.9 million, respectively. Last year, the retained earnings stood at Rs 26.4 million and reserves at Rs 285.8 million.
In the review year, the company has invested Rs 5.24 billion in loans with a loan of Rs 2.91 billion. In the previous fiscal year, the company had invested Rs 4.58 billion in loans with a loan of Rs 2.42 billion.
The bad loan ratio (NPL) of the company has increased to 4.80 percent in the review year. The NPL was 3.94 percent in the same period last year.
The annualized earnings per share (EPS) of the company has increased to Rs 30.96. In the previous year, the EPS was Rs 9.98. With a PE ratio of 41.86 times, the company has a net worth of Rs 214.39 per share.
