Laxmi Sunrise Bank profit has increased by 49.45 percent to 2.26 billion

Aug Sun 2023 03:41:18

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Laxmi Sunrise Bank profit has increased by 49.45 percent to 2.26 billion

Kathmandu. Laxmi Sunrise Bank Limited has published the financial statement up to the fourth quarter of the last financial year. According to public information, there has been a jump in the company's profits. By the fourth quarter of the last financial year, the company's profit has increased by 49.45 percent to 2.26 billion 1.889 thousand rupees. In the same period of the previous financial year, the profit of the company was 1 billion 51 crore 34 lakh 53 thousand rupees.

During this period, the profit of the company has also increased due to the attractive improvement in net interest income and operating profit of the company. The net interest income of the company increased by 46.45 percent to 5.5 billion 71 lakh 25 thousand rupees. In the same period of the previous financial year, the income of the company was 3.76 billion 3.70 thousand rupees.

By the fourth quarter of the previous financial year, the operating profit was 2 billion 1541 million 19 thousand rupees, and when it came to the same period of the last financial year, the profit increased by 58.90 percent to 3 billion 42 million 27 million 54 thousand rupees. During the review period, the company's paid-up capital increased by 87.59 percent to 21 billion 672 million 238 thousand rupees, reserve fund 14 billion 568 thousand rupees, distributable profit 1 billion 93 million 71 million 31 thousand rupees and bad debt increased by 1.92 percent to 2. It is 81 percent. During this period, the income per share of the company is 10 rupees 44 paisa and the net worth per share is 173 rupees 55 paisa.