Kathmandu. Nepal Bank last fiscal year 2081. The financial statements of 82 have been made public.
According to the financial statement, the bank earned a profit of Rs 3.77 billion in the last fiscal year. The previous fiscal year 2080. The bank had posted a net profit of Rs 28.4 million in 2017-19. In this way, the bank’s profit has increased by 13175.89 percent compared to the previous year.
In the review year, the bank’s distributable profit was negative by Rs 449 million. In this way, the bank will not be able to distribute dividend for the review year.
In the review year, the operating profit of the bank increased to Rs 5.41 billion. In the previous fiscal year, the operating profit was Rs 683.4 million. The operating profit of the bank also increased by 692.43 percent.
In the last fiscal year, the bank earned Rs 10.08 billion in interest income. In the same period last year, the bank had earned Rs 8.63 billion in interest income. Interest income decreased by 16.82 percent.
With a paid-up capital of Rs 14.69 billion, the bank’s retind earnings are negative by Rs 449 million and reserves are Rs 23.93 billion. In the previous fiscal year, retained earnings were negative by Rs 965 million, while reserves stood at Rs 21.90 billion.
In the review year, the bank collected deposits of Rs 332.2 billion and invested Rs 221.70 billion in loans. In the previous fiscal year, the bank collected deposits of Rs 283.8 billion and invested Rs 1,946.67 billion in loans.
In the review year, the bank’s bad loan ratio (NPL) increased marginally to 4.47 percent. In the same period last year, the bank’s NPL was 4.33 percent.
The bank’s annualised earnings per share (EPS) increased to Rs 25.68. Last year, the EPS was Rs 0.19. The bank has a net worth of Rs 259.81 per share with a PE ratio of 11.35 times.
