Kathmandu. Kumari Bank has released its financial statements. The bank has published its financial statements for the first quarter of the current fiscal year 2083-84.
According to the report, the bank’s net profit increased by 1.7 percent. The bank earned a net profit of Rs 1.07 billion. In the same period of the last financial year, the bank had earned a net profit of Rs 1.05 billion.
The net interest income of the bank reached Rs 2.09 billion. In addition, the bank’s net fee and commission income increased to Rs 88.23 crore, while the total operating income of the bank decreased to Rs 3.67 billion.
Meanwhile, the bank’s loan loss management also declined to Rs 44.99 crore and distributable profit to Rs 14.71 crore. The bank’s earnings per share (EPS) also increased to Rs 16.39 crore.
According to the financial statement published by the bank, the net worth per share of the bank is Rs 172.31.
