Kathmandu. Asha Laghubitta Financial Institution has earned a profit of Rs 209.27 million till mid-June of the last fiscal year.

This profit is 248.28 percent higher than the same period of the previous fiscal year. In the same period of the previous fiscal year, the microfinance company had earned a profit of Rs 68.9 million.

During this period, the company’s net interest income and operating profit increased. Which has had an impact on profits. During the period, the company’s net interest income increased by 67.47 percent to Rs 738.84 million.

Similarly, operating profit increased by 255.36 percent to Rs 301.69 million. The company’s distributable profit is Rs 163.64 million. The dividend paying capacity is Rs 22.32.

The company’s earnings per share increased by Rs 19.18 to Rs 28.55 and net worth per share was Rs 172.90.

At present, the company has a paid-up capital of Rs 733 million and a reserve fund of Rs 534.39 million.