. Shangri-La Development Bank has published its financial statements for the fourth quarter of the last financial year 2082/83. According to the bank’s unaudited financial statements released by , the bank’s profit has increased by .
In the fourth quarter, the bank earned a net profit of Rs. 88.99 crores.This is an increase of 46.69 percent compared to the previous fiscal year. The bank had posted a net profit of Rs. 60.66 crore in the corresponding period of the previous FY.
During the review period, the bank’s net interest income increased by 16.8 3 percent toRs. 2.42 billion while the bank’s net profit increased from Rs. 36.83 crore to Rs. 49.23 crores, while the bank’s net profit increased from Rs. 36.83 crores to Rs. 49.23 crores.
During this period, the bank’s charge has decreased from Rs. 34.54 crore to Rs. 9.13 crore. Impairment Charge has decreased due to the increase in the net profit of of the bank. Similarly, in the fourth quarter of the last FY, the bank’s earnings per share (EPS) increased by Rs 6.77 to Rs 23.83.
The total paid-up capital 3.73 has increased from Rs. 54. to Rs. 56.92 billion.Similarly, the total loan disbursement of the bank reached Rs 45..87 billion during the period. In the review period, the bank’s non-performing loan ( increased from } to percent to 6.87 percent, while the bank’s CD ratio of increased to {{}83.37.
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