Karnali Development Bank reported decline in net profit by 22.39% in the fourth quarter of this fiscal year 2074/75.
As per the published report, the development bank has reported decreased in net profit to Rs.1.02 crore in this Q4 from Rs.1.31 crore in the corresponding quarter of last fiscal year 2073/74.
During the period, it has collected deposit of Rs.2.48 arba & floated in loan & advances of Rs.1.17 arba.
Its net interest income surge to Rs.7.30 crore from Rs.7.09 crore in the last corresponding quarter. Operating profit increased to Rs.1.60 crore from Rs.2.06 crore in the comparing period. Operating profit declined by 22.38%.
Its paid up capital is Rs.50.28 crore with reserves of Rs.3.96 crore.
Its non performing loan stands at 3.36 percent from 2.27 percent from the last year
Annualized earning per share stands at Rs.2.03. Net worth per share is Rs.107.88. PE ratio stands at 68 times.
