Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) has published its second quarter financial report for the FY 2074/75. The net profit of the microfinance has decreased by 26.97% as compared to the second quarter of the FY 2073/74, which is Rs 21.50 crore in the current quarter while it was Rs 29.57 crore in the corresponding quarter.
The microfinance has increment in its deposit collection by 30.32% from the corresponding quarter of FY 2073/74. The deposit for the current quarter is Rs 10.12 arba in the Q2 of the current year which was Rs 7.77 arba in the second quarter of the last year.
Likewise, the bank has floated loans and advances of Rs 13.76 arba which is up from corresponding quarter’s 11.16 arba.
The paid up capital of the microfinance stands at Rs 1 arba and Rs 73.1 crore in the reserve. It had declared 19.89% bonus from the profit of FY 2073/74 and has been listed by NEPSE.
The EPS of the company has decreased by 39.09% to Rs 43.19 and the net worth per share is Rs 173.10. the P/E ratio of the company is 23.62 times.
Major Highlights
| Particulars (In Rs '000) |
CBBL |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
1,000,000 |
834,047 |
19.90% |
| Reserve & Surplus |
731,049 |
673,970 |
8.47% |
| Deposits |
10,125,857 |
7,770,007 |
30.32% |
| Borrowings |
3,359,048 |
3,842,025 |
0.00% |
| Loans & Advances |
13,767,659 |
11,162,894 |
23.33% |
| Net Interest Income |
585,182 |
639,530 |
-8.50% |
| Provision for possible losses |
20,929 |
19,810 |
5.65% |
| Operating Profit |
337,478 |
459,772 |
-26.60% |
| Net Profit |
215,943 |
295,694 |
-26.97% |
| NPL (%) |
0.1 |
0.08 |
25.00% |
| Annualized EPS (In Rs.) |
43.19 |
70.91 |
-39.09% |
| Net Worth per Share (In Rs.) |
173.10 |
180.81 |
-4.26% |
| P/E Ratio |
23.62 |
|
|
Q2 Report
