Net profit of Om finance increased by 14%

Kathmandu November 16- Om Finance's net profit increases by 14.14% to Rs.  20.2 million net profit in the first quarter of current fiscal year which was Rs. 17.7 million last year.

Reserve of finance is Rs. 245.3 million. Collection of deposit has increased by 11.13 % to Rs. 5 billion 79.1 million from Rs 4 billion 570.1 million last FY. Loan investment has also increased to Rs. 3billion 362.5 million from Rs. 3 billion 362.5 million last FY. In the first quarter of current fiscal year, net interest income has increased by 4.46% to Rs. 44.9 million. Operating profit has increased by 14.14% to Rs. 31.7 million. Provision of Rs. 8.9 million has kept in the balance and bad debt has increased to 0.62%.

EPS of the bank (annual) is Rs20.77, net worth per share is Rs. 162.55, liquidity ratio of the company stands on 35.43%  and net asset per share is of Rs. 1527.75.