Kathmandu. Citizen Investment Trust (CIT) in the last fiscal year 2082. The company has made public the unrevised financial statements for the third quarter (July-March) of 83 B.S.
In the review year, the EPF has earned a net profit of Rs 98.60 crore in the first half of the current FY. Last year, 2081. The net profit of the fund stood at Rs. 89.90 crore till mid-April 2018. The net profit increased by 9.68 percent in the review year compared to the previous year.
The fund’s interest income increased by 8.23 percent to Rs 25.98 crore in the review period compared to the previous year. The fund had posted a net profit of Rs 24.01 crore in the same period a year ago.
During the review period, the EPF earned Rs 1.30 billion as service charge and commission. Such income was Rs 1.19 billion in the same period of the previous year. In the review year, the income of the fund from service charge and commission has increased by 9.05 percent compared to the previous year.
The reserve fund size of the fund decreased by 33.34 percent to Rs 12.68 billion from Rs 6.80 billion in paid-up capital. In the previous fiscal year, the reserve fund was Rs 19.02 billion.
The total investment of the fund stood at Rs 311.49 billion in the review period. The total investment of the fund was Rs 278.43 billion in the same period of the previous year. The fund’s investment has increased by 11.87 percent in a year.
The company’s insurance fund liability stood at Rs 4.14 billion as of mid-April. The company’s insurance fund liability stood at Rs 3.75 billion in the same period last year. Insurance fund liabilities increased by 10.56 percent.
The fund’s annual earnings per share (EPS) has increased marginally to Rs 19.32 in the current financial year. The EPS was Rs. 18.49 a year ago. The net worth per share of the fund stands at Rs 147.11 with a return on investment of 4.36 percent.
