Central Finance reports 40.27% rise in net profit; Net worth per share at Rs 128.94

Mon, Nov 18, 2019 1:25 PM on Financial Analysis, Latest, Stock Market,

Central Finance Company Limited (CFCL)’s net profit has increased by 40.27 percent for the first quarter of FY 2076/77.

The published unaudited financial report has stated that the net profit has increased from Rs 2.09 crore to Rs 2.93 crore.

The finance has accumulated deposits of Rs 3.76 arba while its paid-up capital is at Rs 82.33 crore. The reserve and surplus have increased from Rs 15.16 crore to Rs 19.01 crore.

The finance company has floated 3.13 arba loans till the first quarter.

The annualized earning per Share (EPS) of the finance stood at Rs 14.26 while its Net worth per Share is at Rs 128.94.

First Quarter Report