Citizen Investment Trust Reports Increment in Net Profit by 4.17%; Look at the Major Highlights- Q3
Sun, May 15, 2022 3:45 PM on Latest, Financial Analysis, Stock Market,
Citizen Investment Trust (CIT) has reported a net profit of Rs. 61.6 crores in the third quarter of the fiscal year 2078-2079. This is an increase of 4.17% compared to the corresponding quarter of the previous year.
As per the report published by the company, the paid-up capital stands at Rs. 3.27 Arba. The share premium of the company remains unchanged and stands at Rs. 1.26 arba.
The earnings per share stood at Rs. 27 whereas the net worth per share stood at Rs. 186. The company reported a Return on Investment of 8.18% which is an incline in this quarter.
Major financial highlights
| Particulars ('000) | Citizen Investment Trust | ||
|---|---|---|---|
| Q3, 2078/2079 | Q3, 2077/2078 | Difference | |
| Paid-Up Capital | 3,270,000 | 3,000,000 | 9.00% |
| Share Premium | 1,264,878 | 1,264,878 | 0.00% |
| Insurance Fund Liability | 2,443,692 | 2,581,202 | -5.33% |
| Total Investment | 188,148,876 | 162,420,987 | 15.84% |
| Total Income | 1,030,740 | 995,921 | 3.50% |
| Administrative Expenses | 154,714 | 137,825 | 12.25% |
| Net Profit | 616,688 | 592,010 | 4.17% |
| Return on Investment (%) | 8.18% | 8.04% | 1.74% |
| Fund to Investment Ratio (%) | 99.38% | 95.54% | 4.02% |
| Cost of Fund (%) | 6.57% | 6.94% | -5.33% |
| Earnings per share (Rs.) | 27.00 | 26.00 | 3.85% |
| Net worth per share (Rs.) | 186.00 | 156.00 | 19.23% |
