April 30, 2019 | Investopaper
Global IME Bank has published the third quarter report of F.Y. 2075/76. The net profit has grown by 32.62 percent from the corresponding quarter of the previous year. In the third quarter report of F. Y. 2075/76, the bank made a net profit of Rs. 1.87 Arba. Last year, the company’s profit stood at Rs. 1.41 Arba in the third quarter.
The company has paid up capital of Rs. 10.31 Arba, and reserve & surplus of Rs. 5.13 Arba. The bank has a deposit collection of Rs. 116.94 Arba. The loans & advances stand at Rs. 104.85 Arba until the third quarter. The net interest income has risen to Rs. 3.69 Arba from Rs. 2.59 Arba. The free profit after regulatory adjustment stands at Rs. 1.42 Arba. The non-performing loans are at 0.76 percent. Also, the Earnings Per Share (EPS) is Rs. 24.21 as of third quarter 2075/76. The base rate has declined to 9.60 percent.
Global IME Bank: Financial Highlights of 3rd Quarter, 2075/76
|Headings||3rd Qtr, F.Y. 2075/76||Ashar end, F.Y. 2074/75||% Change|
|Paid up capital(Rs.’ Arba’)||10.31||8.89||15.97|
|Reserve and Surplus(Rs.’ Arba’)||5.13||4.69||9.38|
|Loans & Advances(Rs.’Arba’)||103.17||88.88||16.08|
|Headings||3rd Qtr, F.Y. 2075/76||3rd Qtr, F.Y. 2074/75||% Change|
|Net Interest Income(Rs.’Arba’)||3.69||2.59||42.47|
|Net Profit(Rs.’ Arba’)||1.87||1.41||32.62|
|Distributable Profit(Rs.’ Arba’)||1.42||–||–|
|Earnings Per Share, EPS(Rs.)||24.21||21.19||14.25|
|Non Performing Loans, NPL(%)||0.76||1.29||-41.09|