Kathmandu. Shangri-La Development Bank has published unaudited financial statements for the first quarter of the current fiscal year. 

According to the financial statement published by the bank, the bank has earned a net profit of Rs. 60.1 million in the first quarter of the current fiscal year.This is 29.1 6 percent more than the previous fiscal year. The bank had posted a net profit of Rs 4.65 crore in the same period last FY. 

During the review period, the bank‘s net interest income increased by 27.61% and operating profit by 27.61% and operating profit by 27.59% and operating profit by 27.59 during the review period.Similarly, the bank’ s bad loans have increased from 3.28 percent to 4.65 as of mid -October of the current fiscal year. 

The bank’s earnings per share of (EPS) also increased during the review period. During the period, the bank’s EP S increased by 1.32 to Rs 7.02. Currently, the bank has a net worth of Rs 146.94 per share {{}.