Pokhara Finance reports slight improvement in net profit figure for fourth quarter of 2075/76; Net worth stands at Rs 149.99 per share

Wed, Aug 14, 2019 1:19 PM on Financial Analysis, Latest, Stock Market,

Pokhara Finance Company (PFL) has published its unaudited financial report for the fourth quarter of the fiscal year 2075/76.

The net profit of the company stands at Rs 10.72 crore which has slightly increased compared to corresponding period’s profit of Rs 10.42 crore.

The finance company has collected total deposits of Rs 5.79 arba which is 36% rise from corresponding period’s Rs 4.25 arba. The company has floated Rs 5.25 arba as loans and advances to customers for the Q4 of the FY 2075/76, up from Rs 3.85 arba posted in the corresponding quarter of the previous year.

It has earned Rs 28.53 crore as net interest income compared to Rs 23.02 crore posted in Q4 of the previous year. And it has Rs 15.21 crore as operating profit, which was previously at Rs 14.79 crore.

The paid up capital of the company is Rs 85.72 crore and reserve of Rs 18.76 crore.

The annualized EPS of the finance company stands at Rs 12.51 and Net worth per share is Rs 149.99. The PE ratio posted by the company for the third quarter stands at 11.03 times.

Consolidated financial statement