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Manjushree Finance’s net profit rises 15.63 percent.

nabil bank

Kathmandu. Manjushree Finance has earned a net profit of Rs 13.53 crore in the first six months of the current FY. The profit increased by 15.63 percent compared to the corresponding period of the previous FY.

The company had posted a net profit of Rs 11.70 crore in the same quarter last year. During this period, the net interest income of the finance has increased and the operating profit has decreased.

The net interest income of the company increased by 13.87 percent to Rs 45.32 crore. Similarly, the operating profit of the company declined by 11.54 percent to Rs 19.12 crore.

As of mid-January, the distributable profit of the bank stood at Rs 23.56 crore. The company has a dividend payout of Rs 34.87. The company’s earnings per share increased by Rs 2.71 to Rs 20.03.

The net worth per share of the finance company stands at Rs 175.29.

The bank has a paid-up capital of Rs 1.35 billion and reserve fund of Rs 1.01 billion. The bank collected deposit of Rs 22.48 billion and extended loans of Rs 19.61 billion.

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