Aug Sun 2023 03:37:43
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Kathmandu. Krishi Bikas Bank has released the financial statement for the fourth quarter of the last financial year. According to the public information, there has been an attractive improvement in the company's profits. The bank has earned a net profit of 3 billion 993 million 37 thousand rupees by the end of June. Which is 39.25 percent more than the previous financial year. In the same period of the previous year, the bank earned a net profit of 2.2 billion 57 lakh 65 thousand rupees.
By reaching this limit, the company's net interest income has decreased by 3.30 percent to 8.84 billion rupees. During the same period of the previous financial year, the operating profit of the company was 8 billion 35 million 59 million rupees. Likewise, operating profit increased by 26.07 percent to 4.54 billion 42 lakh 14 thousand rupees. During the same period of the previous year, the operating profit of the company was 3.6 billion 44 million rupees.
During the review period, the company's distributable profit is 2 billion 71 lakh 58 thousand rupees. The dividend distribution capacity per share is 19.89 percent. In addition, the paid-up capital is 18 billion 884 million rupees, the reserve fund has increased by 4.52 percent to 11 billion 72 million 97 million rupees. During this period, the company's income per share is Rs 20 62 paisa and net worth per share is Rs 211 60 paisa.