Kathmandu. RSDC Microfinance Company has published the revised financial statements till the fourth quarter of the last fiscal year. In the last fiscal year, the company’s net profit has decreased compared to the same period of the previous fiscal year.
At TAG_OPEN_div_20 the end of the last financial year, the microfinance company had earned a net profit of Rs 103.1 million. This is 27.19 percent less than the same period of the previous fiscal year. The company had posted a net profit of Rs 141.7 million in the same period of the previous fiscal year.
TAG_OPEN_div_18 The company’s net interest income and operating profit have decreased, while the profit of microfinance has also decreased. The net interest income of the company in the last fiscal year was Rs 224.55 million. The company’s revenue has decreased by 22 percent compared to the same period of the previous fiscal year. In the previous fiscal year, the company had earned a net interest income of Rs 289.88 million.
TAG_OPEN_div_16 The company’s operating profit has also declined. In the last fiscal year, the company’s operating profit stood at Rs 149.89 million. Such profit has decreased by 40 percent compared to the previous fiscal year. In the previous fiscal year, the company’s operating profit stood at Rs 251.45 million.
In the last fiscal year, the company has a distributable amount of Rs 85.43 million. The company’s distributable dividend is Rs 7.98. Similarly, the earnings per share is Rs 9.98 and the network per share is Rs 125.95.
The microfinance company, which had TAG_OPEN_div_12 a paid-up capital of Rs 1.03 billion in the last fiscal year, has a reserve fund of Rs 268.3 million. At the end of the last fiscal year, the microfinance company had invested Rs 6.22 billion in loans from Rs 6.80 billion.
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