Sabaiko Laghubitta posted net loss of Rs 25.94 lakh
Tue, Nov 21, 2017 8:30 AM on Latest, Financial Analysis, Featured, Stock Market,
Sabaiko Laghubitta Bittiya Sanstha Limited has posted net loss of Rs 25.94 lakh in the first quarter of the FY 2074/75.
Publishing the unaudited financial report for the first quarter today, the microfinance company stated operating loss of Rs 25.94 lakh.
Its paid up capital remains at Rs 11.20 crore with negative reserve of Rs 24.42 lakh.
It will be issuing IPO to the general public in upcoming days.
The company has borrowings of Rs 4.87 crore in the first quarter. Likewise, it has extended loans and advances of Rs 7.58 crore in Q1.
Its non-performing loan (NPL) remains nil.
