Kathmandu. Janutthan Community Microfinance Financial Institution Limited has published the revised financial statements up to the fourth quarter of the last fiscal year. According to the details, the net profit of the microfinance company has increased compared to the same period of the previous fiscal year.

At the end of the last fiscal year, the microfinance company had earned a net profit of Rs 14.6 million. This is an increase of 20.60 percent compared to the same period of the previous fiscal year 2080/81. In the previous fiscal year, the company had posted a net profit of Rs 12.1 million.

The net profit of microfinance has increased with the increase in net interest income. During the review period, the net interest income of microfinance increased by 56.79 percent while other operating income decreased by 11.19 percent. The total operating income of microfinance has increased by 41.70 percent. During the review period, the operating profit of microfinance increased from Rs 24.2 million to Rs 10.6 million.

Along with the profit, the earnings per share of microfinance have also increased. During the review period, the income of microfinance increased by Rs 1.47 to Rs 8.61. As of mid-July, the price-to-earnings ratio of microfinance was 132.16 times and the net worth per share was Rs 145.10.

With a paid-up capital of Rs 170 million, the microfinance company has a reserve fund of Rs 98.9 million. At the end of the last fiscal year, the microfinance company collected Rs 1.09 billion in deposits and Deposits of Rs 954.7 million and invested Rs 2.08 billion in loans.