Deprosc Microfinance earned a net profit of Rs 324 million in the second quarter

MicrofinanceKATHMANDU 
Deprosc MFI has earned a net profit of Rs. 324.01 million in the second quarter of the current fiscal year. This profit of the organization is 31.21% more than last year. The company had earned a profit of Rs 246.91 million in the same period last year.

According to the financial statements made public by the organization, net interest income has increased by 21.84% and reached Rs. 661.49 million. This has had a positive effect on net profit.The organization had earned net interest income of Rs. 542.9 million in the corresponding period of the previous year. Similarly, the organization has incurred an operating loss of Rs. 925.16 million. As of mid-January, earnings per share is Rs 64.45 and net worth per share is Rs 219.66. The organization has a reserve fund of Rs 1.20 billion.
Published Date : February 09, 2021

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