Net profit of Manjushree Finance grows by 219%, succeed to earn 9million

Kathmandu October 30- Manjushree finance earned Rs. 9 million 86 thousand net profit in first quarter of FY 2072/73 which is 219.47% growth than previous FY's net profit of Rs. 2 million 844 thousand.

Reserve fund of the finance has also taken risen to Rs. 63 million 491 thousands from last FY's 42 million92 thousand . Collection of deposit has increased by 35.85% to Rs. 2 billion 11 million 474 thousands from 1 billion 480 million 607 thousands last FY. Finance's lending has increased by 56.69% to Rs. 1 billion 792million 429 thousands from 1 billion 143 million 885 thousands last FY. Net interest income of the Finance has also boosted Rs.18 million 643 thousands which is increased by 269.82% than last FY.

Likewise, operating profit has grown by 195.52% to Rs. 13 million 213 thousands from 10 million of last FY. Loss provision of the finance has been limited to small amount which was Rs.83 thousands last FY.

According to the first quarter statement of the finance, EPS of the Finance has been rested in Rs.16.15 and P/E ratio is 12.81 times. Net worth per share is Rs. 132.21 and market price of share is Rs. 207.