Tinau and NCDB post profits

ShareSansar, Aug 2:
 

Tinau Bikas Bank has posted a net profit of Rs 1.47 crore for the FY 2069/70. The profit grew 45.30% over last year’s earnings of Rs 1.01 crore.

An unaudited financial report published by the bank on Friday does not include the figure for deposits.

Meanwhile, the bank extended loans and advances of Rs 1.1 arba compared to Rs 85.54 crore in previous fiscal, an increase of 30.76%.

Tinau’s EPS stands at Rs 12.83 and net worth at Rs 131.11

Nepal Consumer Development Bank (NCDB) has posted a net profit of Rs 2.11 crore for the FY 2069/70. The profit grew by a massive 757.10% compared to last year when the bank had pulled in a paltry Rs 24.64 lakh.

The bank has collected deposits of Rs 4 crore in the FY 2069/70. The bank loans and advances grew to Rs 59.59 crore this year compared to Rs 39.78 crore in the last fiscal.

NCDB’s EPS stands at Rs 10.56 and net worth at Rs 120.15.

Q4 Report of Tinau: CLICK HERE

Q4 Report of Nepal Consumer: CLICK HERE