Kathmandu. Kumari Bank has earned a profit of Rs 275.73 million in the second quarter. This is according to the details released by the bank for the second quarter of the current fiscal year 081.082.
The bank had earned a net profit of Rs 867.2 million in the same period of the last fiscal year.
As of mid-February, the bank had Rs 721.5 million, while net interest income was Rs 531.39 billion. In the same period of the last fiscal year, the bank had earned a net interest income of Rs 5.72 billion.
The bank’s paid-up capital is Rs 26.22 billion 58 million, while the reserve fund is Rs 8.78 billion 88 million. The bank’s distributable profit during the period is Rs 6.47 billion.
The company’s earnings per share are Rs 2.10 paisa, while the net worth per share is Rs 133.51 paisa. During the period, the bank’s cost of funds is 5.40, while the bank’s bad loans have reached 6.96 percent.
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