Kumari Bank's profit decreased by 24.13 percent and how much EPS ?

Aug Sun 2023 02:37:51

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Kumari Bank's profit decreased by 24.13 percent and how much EPS ?

Kathmandu. Kumari Bank Limited has published the financial statement up to the fourth quarter of the last financial year. According to the public statement, the net profit of the company is 1 billion 95 crore 71 lakh rupees. Which is 24.13 percent less than the same period of the previous financial year. In the same period of the previous financial year, the bank had earned a net profit of 2.57 billion 98 lakh rupees.

During this period, the bank's net interest income increased by 77.11 percent to 11 billion 13 million rupees. In the same period of the previous financial year, the income of the bank was 6 billion 21 crore 71 lakh rupees. By the end of June of the last financial year, the operating profit of the bank has decreased by 15.24 percent to 3 billion 32 crore 21 lakh rupees. In the same period of the previous financial year, the profit of the company was 3 billion 57 crore 74 lakh rupees.

During the review period, non-performing loans of the bank increased from 1.11 percent to 4.77 percent, distributable profit was negative at 8483 million rupees, paid-up capital was 26 billion 2258 million rupees, reserve fund was 10.61 billion 33 million rupees. By mid-June, the bank's earnings per share decreased by 10 rupees 7 paisa to 7 rupees 46 paisa and the net worth was 140 rupees 47 paisa.