Kathmandu: The major financial indicators of Himalaya Bank have declined. Net profit decreased by 62.51% to Rs. 653.267 million in the second quarter of the current Fiscal Year compared to last year. Last year, the bank had made a profit of Rs 1.74 billion.

 Distributable profit also decreased by 57.89% to Rs. 391.334 million.

 Meanwhile, despite the increase in deposit mobilization, credit investment has declined by 7.16%. There has been a general improvement in paid up capital and reserve fund. But retained earnings have declined by 59.24%. Similarly, both earnings per share and net worth have fallen sharply. Earnings per share fell by Rs 28.67 to Rs 12.23. Net worth per share also declined by Rs 42.65 to Rs 165.55.