Kathmandu. NIC Asia Bank’s net profit has decreased by .According to the bank’s unaudited financial statement for the third quarter of the current fiscal year, the bank’s net profit decreased by 10.49.

In the third quarter of the current FY, the bank has earned a net profit of Rs. 140.03 crores.The bank had posted a net profit of Rs 15.67 crore in the corresponding period of the previous FY.

During the review period, the bank’s net interest income decreased by by 20.78 while the net fee and commission income increased by 8.53.Similarly, the total operating income of the bank decreased by 16.45 and operating profit by 47.86. 

Similarly, the bank’s charge has decreased from Rs. 3.05 billion to Rs. 2.91 billion in the review period.Although the impairment charge decreased, the bank’s net profit decreased due to the decrease in the net interest income of during the review period.

According to the unaudited financial statement published by the bank , the bank’s earnings per share decreased by (EPS) along with the profit of }. During this period, the bank’s EPS decreased by 16 paise to Rs 1.25. During the period, the bank’s net profit stood at Rs 13.65 billion. Similarly, the net worth per share of the bank is and the P/E ratio is 292.04 times.