Himalayan Bank has reported net profit of 1.10 arba; Eps stands at 27.26

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Himalayan Bank ltd

Himalayan Bank Limited (HBL) has posted raise in net profit of 7.59% in the second quarter of fiscal year 2074/75.

As per the report published, Himalayan Bank Limited has stated increased in net profit to 1.10 arba in this quarter from 1.02 arba in the last year’s corresponding quarter. Net profit is increased by 7.59%.

HBL made a deposit collection of 92.97 arba and floated in loans & advances of 82.75 arba during the period.

HBL earned net interest income of 1.86 arba. It has stated decreased in operating profit of 12.70%, Operating profit is 1.40 arba from 1.60 arba in last year.

Paid up capitals reached to 8.11 arba with reserves of 4.96 arba .

Non-performing loan (NPL) stands at 1.32%.

Cost of fund is 6.38. CD ratio stands at 79.30. HBL needs to collect further deposit to float loan.

Annualized earning per share is 27.26. Net worth per share stands at 157.88.

PE ratio stands at 24.21 times.

Also read: SCB earned net profit of 1.01 arba.