Net Profit of Professional Diyalo Bikash Bank Increase 58 %

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Net Profit of Professional Diyalo Bikash Bank Increase 58 %

July 25: According to the financial report of the fourth quarter of the FY 2072/73, the net profit of Professinal Diyalo Bikash Bank has increased by 58.22 percent to Rs 35.3 million. The increase in the net profit is attributed by 26 percent increments in net interest income and 58 percent increment in operating profit. The 9th AGM of the bank held on May has approved 9.25 percent bonus share distribution.

Meanwhile, the company has collected Rs 2.01 billion deposit and extended loan of Rs 1.72 billion during the review period. The reserve fund of the bank has increased by 39.31 percent.  Interest income of the company has increased by 17.47 percent to Rs 195.1 million and interest expenses have increased by 11.22 percent to Rs 107.8 million.

Likewise, employee expenses,   total operating income and other operational expenses has increased by 14.40 percent, 30.41 percent and 33.56 percent respectively.

The fixed asset has increased by 3.40 percent to Rs 19.1 million and other assets of the company have increased by 10 percent to Rs 20.4 million. The company has 5.74 percent capital fund expenditure and capital fund adequacy of 15 percent. Similarly, CD ratio of the company is 74.15 percent.

As per the financial report, the company has liquidity ratio of 30 times, earning per share of Rs 14.7 and P/E ratio of 26 times. 

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