Manjushree Finance release third quarter financial statement; Earned a profit of more than 28 crore

Kathmandu, April 21

Manjushree Finance Limited has released its financial statements up to the third quarter of the current fiscal year on Wednesday.

According to the financial statement, the company has made a net profit of Rs. 37 crore 51 lakh 66 thousand. Comparing to the last year, the company’s net profit increased by 1.94 times in this current year. Last year in the same time, the company had net profit was Rs. 19 crore 32 lakh 28 thousand.

This year, by distributing 18 percent bonus shares, the paid-up capital of the will be Rs. 96 crore 53 lakh 95 thousand. The reserve fund of the company is Rs. 38 crore 24 lakh 5 thousand. The company’s reserve fund has increased by 36.84 percent this year as compared to last year.

The company’s non-performing loan ratio has declined this year compared to last year. The non-performing loan (NPL) ratio this year is  2.57 percent, whereas it was 3.43 percent last year. The annual earnings per share of the company is Rs. 51.82 with a net worth of Rs. 168.93.