Janata Bank registers massive profit growth of 68.32% in Q3; EPS at Rs 14.67; trading to resume soon in NEPSE

Thu, May 5, 2016 10:52 AM on Latest, Financial Analysis, Featured, Stock Market,
Janata Bank Nepal Limited (JBNL) has registered profit growth of 68.32 percent in the third quarter of the current fiscal year 2072/73. According to the unaudited financial report published by the commercial bank today, its net profit has surged to Rs 22.66 crore in third quarter up from Rs. 13.46 crore in the corresponding quarter of the last fiscal year 2071/72. Janta share capital with wm Janata Bank’s net interest income has risen to Rs 53.25 crore in the third quarter as compared to Rs 47.02 crore in the corresponding quarter. It’s paid up capital remains at Rs 2.06 arba. Janata bank operating profit has increased by 264.12 percent. Janata bank net interest income with wm Deposits collection of the bank reached to Rs 22.89 arba in Q3 from Rs 21.54 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs 19.61 arba in Q3 whereas in the same period last year the figure stood at Rs 18.84 arba. Meanwhile its non-performing loan (NPL) has also risen to 1.23 percent up from 1.09 percent in Q3. Its earning per share (EPS) stand at Rs 14.67, net worth per share at 125.45, and the P/E ratio at 26 times. Janta eps with wm