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Nepal Life
LAXMI SUNRISE BANK

Swadeshi Microfinance net profit increased by 149.09%

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MicrofinanceKATHMANDU
Swadeshi Microfinance net profit has increased by 149.09% in the second quarter. The microfinance has earned 122.35 million net profit by increasing 149.09%. Most of the indicators of the organizations has also increased. The company’s earnings per share has also increased attractively.

Earnings per share have reached Rs 87.13 per share by mid-January. It was only Rs 34.98 crore in the corresponding period of the previous year. Similarly, net worth per share is Rs 177.72.The bank’s net interest income has increased by 33.51% to Rs. 206.79 million while operating profit has also increased by 126.20% to Rs. 171.574 million.
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