Oct Sun 2024 02:49:42
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Kathmandu: Out of 15 finance companies listed in NEPSE, 14 have released their financial statements for the first quarter of the current financial year. Samriddhi Finance has not yet released its financial details. By the end of October, the profits of most of the finance companies have increased. During this period, 14 finance companies have earned a net profit of 20 million 26 million 83 thousand rupees.
In the same period of the previous year, 14 finance companies were in loss of 563 million 45 thousand rupees. Major indicators including net interest income of most companies have increased. Along with the profit amount, the capital also needs to be taken care of. How much profit was made from how much capital? That aspect is important.
Top 15 Finance Companies of Nepal
Nepal Finance Limited
Nepal Share Markets Limited
Best Finance Company Limited
Goodwill Finance Company Limited
Pokhara Finance Limited
Shree Investment Finance Company Limited
Central Finance Limited
Janaki Finance Company Limited
Samriddhi Finance Company Limited (former World Merchant Banking)
Capital Merchant Banking & Finance Limited
Guheswori Merchant Banking & Finance Limited
ICFC Finance Limited
Multipurpose Finance Company Limited
Progressive Finance Limited
Manjushree Finance Limited
Reliance Finance Limited
Gurkhas Finance Limited
Finance companies Net interest income increased by 12.23 percent
Finances Companies Net profit is 202.6 million
By the end of October, 14 finance companies have earned a net profit of Rs. In the same period of the previous year, 14 finance companies were in loss of 563 million 45 thousand rupees. Manjushree Finance is among the highest profit earners during this period. Its profit has increased by 13.83 percent to 942 million 24 thousand rupees. During this period, 5 finance companies are in loss.Manjushree Finance Highly distributable profits
By mid-October, Manjushree Finance has the highest distributable profit. In 1 year, its distributable profit has increased by 429.77 percent to 150 million 1366 thousand rupees. ICFC Finance's distributable profit increased by 1266.42 percent to Rs 675 lakh 42 thousand. Apart from these 2, the distributable profit of all other finance companies is negative.
By the end of October, Janaki Finance had the highest earnings per share of Rs 40. During this period, the earnings per share of 5 finance companies are negative.