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Swabhimaan Microfinance’s profit has increased significantly, how much dividend potential?

nabil bank

Kathmandu. Swabhimaan Laghubitta Financial Institution Limited has published the revised financial statements up to the fourth quarter of the last fiscal year.

The company had posted a net profit of Rs 72.3 million at the end of the last fiscal year. This is an increase of 819.08 percent compared to the same period of the previous fiscal year. The company had posted a net profit of Rs 7.87 million in the same period of the previous fiscal year.

The net interest income of the microfinance company increased by 86.43 percent to Rs 205 million during the review period. During the period, the company’s net operating income stood at Rs 246.8 million and operating profit at Rs 109.4 million.

During the period, the company’s distributable profit stood at Rs 60.3 million and its distributable earnings per share was Rs 39.32. With a paid-up capital of Rs 153.4 million, the microfinance company has a reserve fund of Rs 133.9 million. At the end of the last fiscal year, the microfinance company had invested Rs 2.77 billion in deposits and loans worth Rs 2.88 billion.

 

Prabhu
sikhar insurance

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