Kathmandu. NMB 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 63.8 million in the last fiscal year. The previous fiscal year 2080. The organization had incurred a loss of Rs 52.9 million in 1981.
In the review year, the operating profit of the organization was Rs 68.8 million. Last year, the operating loss was Rs 53.2 million.
In the last fiscal year, the company earned Rs 796.5 million in interest income. In the previous fiscal year, the company had earned Rs 646.7 million in interest income. Interest income decreased by 23.15 percent. In the review year, the company’s distributable profit stood at Rs 47.5 million.
With a paid-up capital of Rs 721.4 million, the company’s rated earnings and reserve size have increased to Rs 2 million and Rs 218 million, respectively. Last year, retained earnings were negative by Rs 63.1 million and reserves stood at Rs 202.9 million.
In the review year, the company invested Rs 6.75 billion in loans with a loan of Rs 4.33 billion. In the previous fiscal year, the company had invested Rs 5.31 billion in loans with a loan of Rs 3.39 billion.
In the review year, the bad loan ratio (NPL) of the organization decreased to 4.43 percent. In the same period last year, the NPL of the organization was 6.35 percent.
The annualized earnings per share (EPS) of the company has increased to Rs 8.85. In the previous year, eps was negative by Rs 7.33. With a PE ratio of 84.20 times, the company has a net worth of Rs 140.61 per share.
