Manakamana Smart Laghubitta’s net profit increased

KATHMANDU: NOV. 14 – Manakamana Smart Laghubitta Bittiya Sanstha has released its financial statements up to the first quarter of the current fiscal year.

Accordingly, the net profit of Smart Laghubitta has increased by 73.97 percent and reached Rs. 47.11 million. In the corresponding period of the previous year, laghubitta had managed to earn a net profit of Rs. 278 million.

Net interest income of laghubitta increased by 48.37 percent to Rs 194.10 million during the review period, the company said. In the corresponding period of the previous year, laghubitta had earned a net interest income of Rs. 13 million 82 thousand.

Bad loans in laghubitta increased by 3.73 percent to 9.33 percent. Laghubitta’s earnings per share is Rs 15.55 and net worth per share is Rs 155.05.