Kathmandu. My Microfinance Microfinance 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 216 million in the last fiscal year. The previous fiscal year 2080. The company had earned a profit of Rs 145.7 million in 2018. The company’s profit has increased by 48.29 percent compared to the previous year.
In the review year, the operating profit of the company was Rs 330 million. In the previous fiscal year, the operating profit was Rs 215.1 million. The operating profit of the company has increased by 53.48 percent compared to the previous year.
In the last fiscal year, the company earned Rs 1.05 billion in interest income. In the previous fiscal year, the company had earned Rs 2.01 billion in interest income. Interest income decreased by 1.82 percent.
In the review year, the company’s distributable profit stood at Rs 113.1 million. With this, the company has the capacity to distribute 7.97 percent dividend.
With a paid-up capital of Rs 1.41 billion, the company’s rated earnings and reserve size have increased to Rs 113.1 million and Rs 711.4 million respectively. Last year, the retained earnings stood at Rs 107.1 million and reserves at Rs 616.7 million.
In the review year, the company has invested Rs 15.17 billion in loans with a loan of Rs 8.20 billion. In the previous fiscal year, the company had invested Rs 13.75 billion in loans with a loan of Rs 8.36 billion.
In the review year, the bad loan ratio (NPL) of the organization increased to 9.99 percent. In the same period last year, the NPL of the organization was 8.23 percent.
The annualized earnings per share (EPS) of the company has increased to Rs 15.23. Last year, the EPS was Rs 11.04. With a PE ratio of 55.59 times, the company has a net worth of Rs 158.11 per share.
