Nepal Investment Mega Bank profit is 4 billion 29 crores

Aug Sun 2023 02:35:59

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Nepal Investment Mega Bank profit is 4 billion 29 crores

Kathmandu. Nepal Investment Mega Bank has released the financial statement for 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 fiscal year, the company has earned a net profit of 4 billion 296 million 22 thousand rupees. Which is 96 percent more than the previous financial year. In the same period of the previous financial year, the bank made a profit of 3.79 billion 76.4 thousand rupees.

Until this period, the net interest income of the company has increased by 110.96 percent to 12 billion 27 billion 58 lakh 58 thousand rupees. In the same period of last financial year, the income of the company was 5 billion 81 crore 89 lakh 90 thousand rupees.

By the end of June of the last financial year, the operating profit of the company was 7 billion 46 million 17 lakh 58 thousand rupees. Which is 18.63 percent more than the previous financial year. During the same period of the previous financial year, the bank made an operating profit of Rs.

During that period, the distributable profit of the bank is 2 billion 60 million 18 lakh 63 thousand rupees. During the review period, the company's paid-up capital is 24 billion 1285 million 95 thousand rupees, reserve fund is 23 billion 89 million 45 million 46 thousand rupees, bad debt is 4.35 percent. During this period, the company's earnings per share are 170 rupees 48 paisa and earnings per share are 16 rupees 7 paisa.