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दोस्रो त्रैमासमा सपोर्ट लघुवित्तले प्रदर्शन सुधार्दै, नाफा ७९% ले बढायो

Author

Nepse trading

दोस्रो त्रैमासमा सपोर्ट लघुवित्तले प्रदर्शन सुधार्दै, नाफा ७९% ले बढायो

Support Laghubitta Bittiya Sanstha Limited has published its financial report for the second quarter of the fiscal year 2080/81 (2023/24). The report highlights significant improvements in the institution’s financial performance, with notable growth in net profit, interest income, and operating profit.

Net Profit Increases by 79.39%

The microfinance institution has posted a net profit of NPR 15.5 million in the first six months of the current fiscal year, representing a 79.39% growth compared to the same period last year. During the corresponding period of the previous fiscal year, the company had earned a net profit of NPR 8.64 million, showcasing substantial progress in its operational efficiency and income generation.

The major financial highlights of Support Laghubitta

  • Paid-up Capital: NPR 122.4 million

  • Reserve Fund: NPR 50.5 million

  • Earnings Per Share (EPS): NPR 25.32 (an increase of NPR 7.17 compared to last year)

  • Net Worth Per Share: NPR 141.32

  • Capital Fund to Risk-Weighted Assets (RWA): 9.23%

  • Non-Performing Loans (NPL): 1.74%

  • Cost of Funds: 7.91%

Growth in Operating Income and Profit

The institution’s interest income has grown by 75.75%, reflecting improved credit operations. However, other operating income declined by 5.06% during the review period. Despite this, total operating income saw a 50.86% increase, and operating profit surged by an impressive 224.75%, signaling robust financial health.

Business Activities

During the review period, Support Laghubitta raised NPR 1.19 billion in borrowings and collected NPR 388.8 million in deposits. The institution has invested NPR 1.75 billion in loans and advances, further expanding its outreach and financial inclusion activities.

Support Laghubitta has demonstrated remarkable financial improvement in the second quarter of the current fiscal year. The significant growth in net interest income, operating profit, and EPS has strengthened the institution’s financial foundation. The low non-performing loan (NPL) ratio of 1.74% and the capital fund to RWA ratio of 9.23% further reflect its stable and efficient operations.

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