NIC Asia Bank's profit is 4 billion 65 million of fiscal year 2079

Aug Sun 2023 03:21:13

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NIC Asia Bank's profit is 4 billion 65 million of fiscal year 2079

Kathmandu. NIC Asia Bank Limited has published the financial statement for the fourth quarter of the last financial year. According to the public statement, the net profit of the company is 4 billion 65 million 13 lakh 38 thousand rupees. Which is 10.35 percent more than the previous financial year. In the same period of the previous financial year, the profit of the bank was 4 billion 21 crore 49 lakh rupees.

During this period, the bank's net interest income increased by 9.60 percent to Rs 12.37 billion. In the same period of the previous financial year, the bank's income was 9.60 percent. By the fourth quarter of the previous financial year, the bank's operating profit was 5.96 billion 52 million rupees, compared to the same period of the previous financial year, the profit increased by 14.45 percent to 4.65 billion 1.3 million rupees.

During the review period, Reserve Fund Reserve Fund increased by 46.04 percent to 14 billion 388 million rupees, paid capital 11 billion 56 million 40 million rupees, distributable profit 3 billion 69 million 88 million 34 thousand rupees, bad debt is 0.8 percent. Compared to the previous year, the income per share has increased by 3.77 rupees to 40.22 rupees and the net worth per share is 256.41 rupees.