Kathmandu. Laxmi Sunrise Bank Limited has made public its financial position till Mid-June of the last fiscal year.

During the period, the bank’s net profit increased by 40.97 percent to Rs 4.11 billion. In the same period of the previous fiscal year, the bank had posted a profit of Rs 2.92 billion.

During this period, the bank’s improvement charge has decreased, which has helped increase the profit. The improvement charge has come down to Rs 1.18 billion from Rs 3.58 billion in the previous fiscal year. The bank’s net interest income declined by 7.99 percent to Rs 11.37 billion at the end of June.

During this period, the bank’s net fee and commission income increased while the total operating income decreased. The operating profit of the bank increased by 38.55 percent to Rs 6.09 billion. The bank has a net profit of Rs 3.53 billion. The capacity to pay dividend to shareholders is Rs 12.34.

With the profit, the bank’s earnings per share is Rs 16.91 and the net worth per share is Rs 186.63.

With a paid-up capital of Rs 24.34 billion, the bank has a reserve fund of Rs 21.09 billion. At the end of the last fiscal year, the bank collected deposits of Rs 367.53 billion and invested Rs 275.4billion in loans.