Kathmandu. According to the financial statement released by Nepal Investment Mega Bank for the last fiscal year 2081/82, most of the indices, including the company’s profit, have shown significant improvement.

In the last fiscal year, the bank’s net profit increased by 64.43 percent to Rs 6.75 billion. In the same period of the previous fiscal year, the bank had posted a net profit of Rs 4.10 billion.

Net interest income of the bank declined by 6.54 percent to Rs 14.12 billion. In the previous fiscal year, the bank’s income stood at Rs 15.11 billion.

In addition, the total operating income of the company declined by 0.73 percent to Rs 17.64 billion and operating profit increased by 58.66 percent to Rs 10.14 billion.

In the previous fiscal year, the bank’s net profit stood at Rs 491.35 million as against Rs 5.69 billion in the previous fiscal year. On this basis, the bank’s dividend distribution capacity is 1.33 percent.

The bank has a paid-up capital of Rs 34.12 billion and reserves of Rs 32.74 billion. On the other hand, the bank’s deposits increased by 17 percent to Rs 472.34 billion and loan investment increased by 18 percent to Rs 326.93 billion. Bad loans increased to 5.85 per cent last year from 4.91 per cent in the previous year.

The bank’s earnings per share stood at Rs 19.80 and net worth per share at Rs 231.02 while the price-to-earnings ratio was 11.67 times.