Naya Nepal Laghubitta Bittiya Sanstha posted increased in net profit by 78.63% in the fourth quarter of this fiscal year 2074/75.
As per the published report, the microfinance has reported declined in net profit to Rs.14.97 lakh in this Q4 from Rs.70.05 lakh in the corresponding quarter of last fiscal year 2073/74.
It has borrowing of Rs. 25.63 crore & deposit of Rs. 7.52 crore. It had extended in loan & advances of Rs. 34.53 crore.
Its net interest income declined to Rs 1.96 crore from Rs.2.06 in the last corresponding quarter. It has operating loss of Rs.12.80 lakh.
It is able to wirte back Rs.37.39 lakh from provision of for possible losses.
Its paid up capital is Rs.2.40 crore with reserves fund of Rs.1.65 crore. It is issuing 250% right share to its shareholders to hike its capital.
Its non performing loan stands at 1.51% from 3.63% from the last year. Cost of fund is Rs.11.80%.
Annualized earning per share is Rs.6.24. Net worth per share is Rs.169. PE ratio stands at 398.56 times.
