Net profit of Miteri Development Bank increase by 9.35% in the third quarter; annualized EPS stands at Rs.18.33
Fri, Apr 26, 2019 5:18 PM on Financial Analysis, Latest, Stock Market,
Miteri Development Bank Limited (MDB) has reported increase in net profit by 9.35% in the third quarter of the current fiscal year 2075/76.
As per the report published in newspaper, the development bank has stated that its net profit increased to Rs 8.04 crore in Q3 from Rs 7.28 crore reported in the corresponding quarter of the previous fiscal year 2074/75.
It has collected deposits of Rs 4.32 arba and floated loans of Rs 3.78 arba in Q3 of current fiscal year.
It’s paid up capital stands at Rs 58.50 crore and has reserve of Rs 19.21 crore.
The development bank’s non-performing loan (NPL) increased to 0.48% from 0.09% compared to the corresponding quarter of the previous year.
Its annualized Earning Per Share (EPS) now stands at Rs 18.33, net worth per share at Rs 132.84 and P/E ratio at 13.20 times.
