Chhimek Laghubitta reports Rs 35.82 crore net profit; Naya Nepal Laghubitta reports significant drop of 96.14% in net profit

Mon, May 7, 2018 1:32 AM on Financial Analysis, Latest, Stock Market,

Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) has published unaudited financial report for the third quarter today. It has stated that its net profit has significantly decreased to Rs 35.82 crore in third quarter of fiscal year 2074/75 from Rs 44.37 crore reported in the corresponding quarter of the previous fiscal year 2073/74.

Likewise, it extended loans of Rs 16.13 arba from Rs 12.18 arba. It has collected deposits of Rs 10.94 arba in the third quarter of the current fiscal year. It has paid up capital of Rs 1 arba with reserve of Rs 87.33 crore in Q3

Its net interest income has marginally reduced from Rs 93.72 crore in the corresponding quarter last year to Rs 90.92 crore in the third quarter of fiscal year 2074/75. Its operating profit has dropped to Rs 55.87crore in Q3, from Rs 69.13 crore in corresponding quarter.

Earnings per Share (EPS) stand at Rs 47.76. CBBL’s non-performing loan (NPL) has increased to 0.10 percent in the current quarter. Currently, Net worth per share stands at Rs 187.33.

Particulars (In Rs '000)

CBBL

Q3 2074/75

Q3 2073/74

Difference

Paid Up Capital

    1,000,000

       834,071

19.89%

Reserve & Surplus

       873,296

       822,016

6.24%

Borrowings

    3,906,116

    4,000,707

-2.36%

Deposits

  10,948,794

    8,143,602

34.45%

Loans & Advances

  16,130,068

  12,184,631

32.38%

Net Interest Income

       909,155

       937,231

-3.00%

Provision for possible losses

          48,809

          32,348

50.89%

Operating Profit

       558,738

       691,267

-19.17%

Net Profit

       358,190

       443,741

-19.28%

NPL (%)

0.1

0.08

25.00%

Annualized EPS (In Rs.)

            47.76

            70.94

-32.67%

Net Worth per Share (In Rs.)

          187.33

 

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P/E Ratio (In times)

            18.84

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Naya Nepal Laghubitta Bittiya Sansthan (NNBL)
reports significant drop of 96.14% in net profit. NNBL has published unaudited financial report for the third quarter today. It has stated that net profit has massively decreased to Rs 2.36 lakh in third quarter of fiscal year 2074/75 from Rs 61.10 lakh reported in the corresponding quarter of the previous fiscal year 2073/74.

Likewise, it extended loans of Rs 30.43 crore from Rs 18.10 crore. It has collected deposits of Rs 6.76 crore in the third quarter of the current fiscal year. It has paid up capital of Rs 2.40 crore with reserve of Rs 1.53 crore in Q3

Its net interest income has dropped from Rs 1.47 crore in the corresponding quarter last year to Rs 1.27 crore in the third quarter of fiscal year 2074/75. Q3 has operating loss Rs 5.69 lakh from operating profit Rs 48.86 lakh in corresponding quarter.

Earnings per Share (EPS) stand at Rs 1.31. The  non-performing loan (NPL) has increased to 2.32 percent in the current quarter. Currently, Net worth per share stands at Rs 163.75.

Particulars (In Rs '000)

NNBL

Q3 2074/75

Q3 2073/74

Difference

Paid Up Capital

          24,000

          20,000

20.00%

Reserve & Surplus

          15,298

          18,651

-17.98%

Borrowings

       211,885

       103,863

104.00%

Deposits

          67,637

          51,913

30.29%

Loans & Advances

       304,267

       180,962

68.14%

Net Interest Income

          12,691

          14,749

-13.95%

Provision for possible losses

            2,101

            2,567

-18.15%

Operating Profit

              (569)

            4,886

 

Net Profit

               236

            6,110

-96.14%

NPL (%)

2.32

3.77

-38.46%

Annualized EPS (In Rs.)

              1.31

            40.73

-96.78%

Net Worth per Share (In Rs.)

          163.75

 

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P/E Ratio (In times)

      3,217.29

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