Kathmandu. Machhapuchchhre Bank Limited (Machhapuchchhre Bank) has published its financial statements. The bank has published its financial statements for the fourth quarter of the last FY.
During the period, the bank earned a net profit of Rs 2.11 billion. In the same period last year, the bank had earned a net profit of Rs 1,760 crore.
The profit increased by 12.24 percent compared to the same period of the previous year. The bank’s earnings per share also increased by Rs 1.90 to Rs 17.49 per share. The bank has a net worth per share of Rs 169.90 and P/E ratio of 14.18 times.
Likewise, the bank’s net interest income increased by 5.53 percent, net fee and commission income by 23.38 percent, operating income by 11.74 percent and operating profit by 0.54 percent.
The bank has a distributable profit of Rs 98.19 crore and distributable earnings of Rs 7.51 per share.
As per the details made public by the bank, the bank has reserve fund of Rs 8.44 billion.
