Citizen Investment Trust's net profit in Q3 hikes to Rs 24.18 crore; Total investment exceeds 1 kharba
Tue, May 15, 2018 5:14 AM on Financial Analysis, Latest, Stock Market,
Citizen Investment Trust (CIT) has published its financial report for the third quarter of FY 2074/75 today.
As per the financial highlights published today, its net profit has increased by 1.42% in the third quarter of FY 2074/75 to Rs 24.18 crore from Rs 23.84 crore in the corresponding quarter of FY 2073/74.
It has paid up capital of Rs 74.03 crore where total reserve surges by 16.46 % to Rs 1.04 kharba in the FY 2074/75 from Rs 89.35 arba in the FY 2073/75. Total reserve includes Nepal Police & Army Insurance Fund, Teacher Insurance Fund, etc.
CIT has made total investment of Rs 1.03 kharba in various sector. Its return on investment (ROI) stands at 8.47% and Cost of fund at 7.05%
It’s earning per share (EPS) stands at Rs 33 and net worth per share at Rs 226.
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