Kathmandu. Machhapuchhre Bank's profit has increased by 31.87 percent in the first three months of the current fiscal year 2083/84. From Asad to mid-Asoj, the bank has earned a net profit of Rs 551 million. In the first three months of the last fiscal year 2082/83, the bank had earned a net profit of Rs 417 million. 56 thousand.

The bank's net interest income has increased by 14.15 percent during the review period. Until mid-Asoj of the current fiscal year, the bank has earned a net interest income of Rs 1 billion, 666 million. 25 thousand. In the same period of the last fiscal year, such income was Rs 1 billion, 462 million. 40 thousand.

The bank's total operating income has also improved by 6.23 percent. In the first quarter of the current fiscal year, the bank's total operating income has reached Rs 2 billion, 179 million. 94 thousand, which was Rs 2 billion, 512 million in the same period of the last fiscal year.

The bank's operating profit has increased by 34.46 percent. Operating profit increased from Rs 598.431 million in the first three months of last year to Rs 804.655 million during this period.

The bank's distributable profit has also improved significantly. The bank's distributable profit has remained at Rs 112.14 million during the review period, which was negative (in loss) at Rs 114.282 million during the same period of the previous fiscal year.

Some improvement has also been seen in asset quality. The bank's non-performing loan ratio, which was 4.15 percent in the first three months of the previous fiscal year, has decreased to 3.97 percent in the same period of the current fiscal year.

During this period, the bank's annualized earnings per share increased from Rs 13.43 to Rs 17.71, while net worth per share increased to Rs 154.04.

Towards the expansion of the bank's business, both loan flow and deposit collection have increased. The bank's total deposit collection increased by 2.18 percent to Rs 228.37 billion, while credit flow increased by 12.33 percent to Rs 172.64 billion.