Citizens Investment Trust’s EPS stand at Rs 11 in Q1; profit rises by 21.33%

Citizen Investment Trust (CIT), one of the leading finance of Nepal has published its financial highlights for the first quarter of FY 2074/75 today. As per the financial highlights published today, its net profit has increased by 21.33 % in the first quarter of FY 2074/75 to Rs 8.02 crore from Rs 6.61 crore in the corresponding quarter of FY 2073/74. It has paid up capital of Rs 74.03 crore where total reserve surges by 17.34% to Rs 97.23 arba in the FY 2074/75 from Rs 82.85 arba in the FY 2073/75. Total reserve includes Nepal Police & Army Insurance Fund, Teacher Insurance Fund, etc. CIT has made total investment of Rs 88.92 arba in various sector. Its return on investment (ROI) stands at 9.83% and Cost of fund at 7.05% It’s earning per share (EPS) stands at Rs.11 and net worth per share at Rs 213.