Kathmandu.Himalayan Bank has published its unaudited financial statements for the fourth quarter of the last fiscal year. According to the financial statement published by the bank, the bank’s net profit has increased by 1041 percent in according to the financial statement published by the bank.In the review period, the bank earned a net profit of Rs. 1.. 

The bank had earned a net profit of Rs. 12,97,26,000 in the previous fiscal year 2081/82 . 

The profit of the bank decreased due to the decrease in provision during the review period. According to the bank’s financial statement, the bank’s {{}} decreased from Rs. 3.75 billion to Rs. 2.89 billion 6.4 million in the review period. 

The financial position of Himalayan Bank which increased after the reduction in the provision of Rs. 1 billion has been weak. A glaring example of this is the decline in the interest income of banks. The bank’s net interest income decreased from Rs 10.45 billion to Rs 8.81 billion from Rs 10. to Rs 8.81 billion.During the period, the bank earned a net profit of Rs. 1.06 billion, total operating income of Rs. 11.16 billion and operating profit of Rs. 2.62 billion.

On the other hand, the bank’s net profit of and distributable stood at Rs 9.84 billion during the review period. The bank has EPS of (EPS) of 6.56 rupees and net worth per share is 177.48 paise and P/E ratio 29.67 times.

The bank has a reserve fund of Rs 2 6.80 billion with apaid-up capital of Rs 22.58 billion and a total paid-up capital of Rs 22...