Kathmandu. Shine Resunga Development 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 688.6 million in the last fiscal year. The previous fiscal year 2080. The bank had posted a net profit of Rs 685.3 million in 2017-19. In this way, the bank’s profit has increased by 0.48 percent compared to the previous year.
The bank’s net profit stood at Rs 680.4 million in the review year. In this way, the bank has the capacity to distribute 13.96 percent dividend.
In the review year, the bank’s operating profit stood at Rs 953.7 million. In the previous fiscal year, the operating profit was Rs 1.06 billion. The operating profit of the bank decreased by 10.35 percent.
In the last fiscal year, the bank earned Rs 2.66 billion in interest income. In the same period last year, the bank had earned Rs 2.35 billion in interest income. Interest income increased by 13.48 percent.
The bank has a paid-up capital of Rs 4.87 billion, a retind earnings of Rs 680.4 million and reserves of Rs 1.82 billion. In the previous fiscal year, the retained earnings stood at Rs 417.3 million and reserves at Rs 1.74 billion.
In the review year, the bank collected deposits of Rs 71.76 billion and invested Rs 56.93 billion in loans. In the previous fiscal year, the bank collected deposits of Rs 65.95 billion and invested Rs 52.27 billion in loans.
In the review year, the bank’s bad loan ratio (NPL) increased to 4.24 percent. In the same period last year, the bank’s NPL was 3.43 percent.
The bank’s annualised earnings per share (EPS) declined to Rs 14.12. Last year, the EPS was Rs 14.48. The bank has a net worth of Rs 151.42 per share with a PE ratio of 30.59 times.
