Net profits of Mirmire Laghubitta grow by 267% in the first quarter of FY 76/77; net worth per share stands at Rs.190.31
Thu, Oct 31, 2019 12:53 PM on Financial Analysis, Latest,
Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) has published its unaudited Q1 report for FY 76/77. The company has earned net profit of Rs.2.13 Crore till Q1 with 267.21% growth whereas the profit was Rs.58.19 Lakhs in corresponding quarter of the previous year.
The paid up capital currently stands at Rs.12.87 Crore. The reserves of the company has increased to Rs.11.63 Crore up from Rs.7.59 Crore in the corresponding quarter of the previous year.
The deposits have increased to Rs.83.89 Crore while the loans of the company have increased to Rs.2.45 Arba. The company has Rs.1.63 Arba as borrowings.
The NPL of the company stands at 0.98% and the EPS stands at Rs.66.37. The net worth per share was reported at Rs.190.31 by the end of the quarter.
The capital adequacy ratio is at 10.21% and its trading is halted on NEPSE since May 14 due to ongoing merger process with Nagbeli and Kisan Laghubitta Bittiya Sanstha Limited.
