Century Commercial Bank Limited (CCBL) has posted a rise in net profit of 45.18% in the second quarter of the current fiscal year 2074/75.
As per the unaudited report published today, the commercial bank has stated that its net profit has increased to Rs 32.51 crore in Q2 of the fiscal year 2074/75 from Rs 22.39 crore in the corresponding quarter of the previous fiscal year 2073/74.
Its deposit collection reached to Rs 52.17 arba where the bank floated loans of Rs 47.02 arba. In the corresponding period deposits and loans amounted to Rs 32.67 arba and 29.02arba respectively.
It has a paid up capital of Rs 7.69 arba with Rs 1.76 arba in its reserve.
Its NPL stands at 0.99% from the corresponding period’s 0.47%.
Its earning per share (EPS) stands at Rs 8.47 where net worth per share stands at Rs 122.93. It has P/E ratio of 23.49 times.
Q2 Report
| Particulars (In Rs '000) |
|
CCBL |
|
|
Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
7,679,462 |
3,689,000 |
108.17% |
| Reserve & Surplus |
1,760,948 |
835,903 |
110.66% |
| Deposits |
52,177,173 |
32,675,764 |
59.68% |
| Borrowings |
656,880 |
- |
- |
| Loans & Advances |
47,024,396 |
29,016,085 |
62.06% |
| Net Interest Income |
760,176 |
516,019 |
47.32% |
| Provision for possible losses |
181,936 |
81,563 |
123.06% |
| Operating Profit |
392,749 |
327,418 |
19.95% |
| Net Profit |
325,101 |
223,936 |
45.18% |
| NPL (%) |
0.99 |
0.47 |
110.64% |
| Annualized EPS (In Rs.) |
8.47 |
12.14 |
-30.26% |
| Net Worth per Share (In Rs.) |
122.93 |
122.66 |
0.22% |
| P/E Ratio (In times) |
23.49 |
- |
- |
