Kathmandu. National Laghubitta Financial Institution Limited has published the revised financial statements for the fourth quarter of the last fiscal year. The company’s net profit increased by 136.33 percent. The company has earned a profit of Rs 474 million till the end of the last fiscal year. This profit is more than 100 percent compared to the previous fiscal year. In the previous fiscal year, the company had earned a profit of Rs 200 million.
The company’s net interest income and commission income have seen a significant improvement, contributing to the increase in profit. Net interest income increased by 44.60 percent to Rs 1.61 billion and commission income increased by 21.63 percent to Rs 238.9 million.
In the last fiscal year, the deposit collection of the organization increased by 23.23 percent to Rs 6.46 billion, while the credit mobilization reached Rs 24.21 billion. The company’s bad loan ratio has reached 4.11 percent. Npl 3 of the organization in the previous fiscal year. It was 69 percent.
The cd ratio of the organization was 389.28 percent and the base rate was 11.32 percent. During the period, the company’s distributable profit stood at Rs 440 million. The company has a paid-up capital of Rs 1.33 billion. Therefore, the company’s dividend capacity is 33.05 percent.
The company has retained earnings of Rs 440 million and reserve fund of Rs 1.49 billion. Also, the EPS of the organization increased by Rs 18.39 to Rs 35. The net worth per share is Rs 245, price-earnings ratio is 39.33 times and liquidity ratio is 20.30 per cent.
