Tourism Development Bank net profit decrease by 19.33% to Rs 3.42 crore; EPS at Rs 7.45

Tourism Development Bank Limited (TDBL) has posted decrease in net profit by 19.33 percent for first quarter (Q1) in the FY 2074/75. According to the published unaudited financial reports, the development bank net profit decrease to Rs 3.42 crore in Q1 in the current FY 2074/75 from Rs 4.24 crore in Q1 of the FY 2073/74. Its deposit collection has reached to Rs 12.84 arba and has floated a loans of Rs 10.97 arba. TDBL has paid up capital of Rs 2.01 arba in Q1 and its reserve has gone up from Rs 32.77 crore to Rs 57.04 crore. TDBL is under merger with Mega Bank Limited (MEGA) in the share swap ratio of 100:95. Its earning per share (EPS) stands at Rs 7.45. Its net worth per share is at Rs 140.31 with and the P/E ratio at 57.32 times.