Kathmandu. Shine Resunga Development Bank has released its first quarter financial report.

The profit of the bank has decreased by 15.17 percent compared to the same period of the last FY. The bank had posted a net profit of Rs 23.93 crore in the first quarter of the last FY. In the same period of the current fiscal year, it was Rs 20.30 crore. The distributable profit of the bank stood at Rs 69.64 crore. The bank’s dividend yield capacity stands at 15.27 percent.

The bank’s net interest income stood at Rs 64.52 crore as of mid-October. It was Rs 65.88 crore in the same period last year. Similarly, the operating profit of the bank stood at Rs 29.59 crore. In the same period last year, it was Rs 35.20 crore.

The bank’s impermanence charge is Rs 15.53 crore. In the same period of the last fiscal year, it was Rs 15.11 crore. During this period, the bank’s bad loans increased from 3.50 percent to 4.61 percent. The company has EPS of Rs 16.66 and net worth per share of Rs 154.64.