Kathmandu. Current fiscal year 2082. Kamana Sewa Bikas Bank became the first bank to publish its financial statements up to the second quarter of 83 B.S. (July-December).
The bank has published its unrevised financial statements for the second quarter of the current FY. According to the published financial report, the bank has earned a net profit of Rs 39.45 crore in the second quarter. Last year, 2081. During the same period, the bank earned a net profit of Rs 32.24 crore. The profit of the bank increased by 22.34 percent in the review period compared to the previous year.
During the review period, the bank’s operating profit stood at Rs 56.72 crore. The bank had posted an operating profit of Rs 46.91 crore in the same period last year. Operating profit has also increased by 20.91 percent compared to the previous year.
In the first six months of the current FY, the bank’s net interest income stood at Rs 1.21 billion. It was 11.18 percent higher than the previous year. The bank had posted a net profit of Rs 1,08.95 billion in the same period last year.
The bank’s distributable profit stood at Rs 29.57 crore as of mid-January. The bank has a dividend of 15.32 per cent in the second quarter.
The bank has a paid-up capital of Rs 3.86 billion with Rs 295.7 million in reentered earnings and Rs 1.94 billion in reserve. The bank had a retained earnings of Rs 58.75 crore and a reserve of Rs 1.83 billion as of mid-July last year.
As of mid-January of the current FY, the bank collected deposit of Rs 63.62 billion and extended loan of Rs 52.10 billion. As of mid-July last year, the bank collected deposit of Rs 62.83 billion and extended loan of Rs 50.07 billion. Along with the collection of deposits of the bank, the loan investment has also increased.
The bank’s annualized earnings per share (EPS) has increased to Rs 20.43 in the review period. The EPS of the bank was Rs 18.37 in the same period last year.
The bank has a PE ratio of 22.17 times and a net worth per share of Rs 158.07.
