Kathmandu. Kamana Sewa Bikas Bank today announced the financial year 2082. The company has published its annual financial statements for the fiscal year 2018-18. According to the financial statements, the bank has made attractive progress in most of the major financial indicators.
According to the financial report, the bank has earned a net profit of Rs 89.41 crore in the review period. Last year, 2081. The bank had posted a net profit of Rs 66.97 crore in the review period. The bank’s net profit increased by 33.51 percent in the review period compared to the previous year.
In the review year, the bank earned an operating profit of Rs 1.38 billion. Last year, the bank had posted an operating profit of Rs 1,0404 crore. Operating profit has also increased by 32.87 percent compared to the previous year.
In the last fiscal year, the bank earned Rs 2.41 billion. It was 3.98 percent higher than the previous year. The bank had posted a net profit of Rs 2.31 billion in the previous fiscal year.
In the review year, the bank’s distributable profit stood at Rs 60.11 crore. In this way, the bank has a dividend of 15.16 percent till the second quarter.
The bank has a paid-up capital of Rs 4.21 billion with Rs 601.1 million in retained earnings and Rs 2.14 billion in reserve. Last year, the bank had a retained earnings of Rs 58.75 crore and a reserve of Rs 1.83 billion. The size of both retained earnings and reserves has increased.
In the last fiscal year, the bank collected deposit of Rs 66.17 billion and extended loan of Rs 54.21 billion. In the previous fiscal 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. This shows that the bank is making progress in business.
In the review year, the bank’s annual earnings per share (EPS) increased to Rs. 20.75. The EPS of the bank was Rs 19.08 in the previous year.
The bank has a PE ratio of 20.84 times and a net worth per share of Rs 171.01.
