Kathmandu. Manjushree Finance Company has published its financial results up to mid-April of the current fiscal year.

The company has earned a profit of Rs 21.89 crore till mid-April. The profit increased by 27.93 percent compared to the same period last year. The company had posted a net profit of Rs 17.11 crore in the same quarter last year.

The company’s net interest income, operating profit increased and impairment charges decreased till mid-April.

During the period, the company’s net interest income increased by 10.24 percent to Rs 68.47 crore and operating profit increased by 10.29 percent to Rs 323.33 million.

The impairment charge of the finance has been reduced from Rs 14.54 crore to Rs 11.75 crore. The distributable profit of the company is Rs 30.54 crore and distributable earnings per share is Rs 30.13 crore.

The company has EPS of Rs 21.60 and net worth per share of Rs 182.20. The bank has a paid-up capital of Rs 1.35 billion and reserve fund of Rs 1.11 billion. As of mid-April, the bank collected deposit of Rs 22.73 billion and extended loan of Rs 19.85 billion.