Kathmandu. In the last fiscal year, Laxmi Sunrise Bank earned a net profit of Rs 4.11 billion. This profit is 40.97 percent higher than the same period of 2080/81. At that time, the bank had earned a net profit of Rs 2.92 billion.

According to the bank’s revised financial statement till the fourth quarter of the last fiscal year, the bank’s net fee and commission income increased by 10.05 percent, while the net interest income decreased by 7.99 percent. The bank’s total operating income also declined by 1.54 percent.

The operating profit of the bank increased by 38.55 percent and the bank’s improvement charge decreased from Rs 3.58 billion to Rs 1.18 billion. The bank’s earnings per share stood at Rs 16.91 per share and net worth at Rs 186.63 per share.

The bank has a net profit of Rs 3.53 billion. According to this, the bank’s dividend capacity is 12.34 percent. The bank has a paid-up capital of Rs 24.34 billion and a reserve fund of Rs 21.09 billion.

Till the fourth quarter of the last fiscal year, the bank collected deposits of Rs 367 billion and invested Rs 275 billion in loans. The bank’s bad loans stood at 4.25 per cent.