Kathmandu. Sanima Bank has published its unrevised financial statements for the current fiscal year 2082. The third quarter (July-March) of the current fiscal year 2082.
According to the financial statements, the bank has earned a profit of Rs 2.35 billion in the first nine months of the current financial year. In the previous fiscal year 2081. The bank had earned a profit of Rs 1.65 billion in the same period of the previous fiscal year. In this regard, the profit of the bank has increased by 42.23 percent compared to the previous year.
The bank’s distributable profit stood at Rs 2.14 billion during the review period. As of the third quarter, the bank has the capacity to distribute 18.57 per cent dividend.
The operating profit of the bank increased to Rs 3.32 billion till March. Operating profit was Rs 2.25 billion in the same period last year. The operating profit of the bank has also increased by 47.50 percent.
In the third quarter, the bank earned an interest income of Rs 5.16 billion. In the same period last year, the bank had earned an interest income of Rs 4.28 billion. Interest income increased by 20.48 percent.
The bank has a paid-up capital of Rs 15.58 billion with a rated earnings of Rs 2.14 billion and a reserve of Rs 8.66 billion. As of mid-July last year, the bank had a retained earnings of Rs 2.10 billion and a reserve of Rs 7.34 billion.
During the review period, the bank collected deposits of Rs 233.86 billion and disbursed Rs 190.77 billion. As of mid-July last year, the bank had collected deposits of Rs 223.95 billion and disbursed loans worth Rs 176.44 billion. This figure also shows that the business of the bank has increased.
The bank’s bad loan ratio (NPL) stood at 1.60 per cent at the end of March of the current financial year. The bank’s NPL stood at 1.60 per cent in the same period last year.
The bank’s annual earnings per share (EPS) increased to Rs 22.92. EPS was Rs 16.33 in the previous year. The bank’s net worth per share is Rs 159.55 with a PE ratio of 15.27 times.
