Kathmandu. Kumari Bank’s net profit has increased marginally. In the first quarter of the current financial year, the bank’s net profit increased by 1.7 percent. During this period, the bank earned a net profit of Rs 1.07 billion. In the same period of the last financial year, the bank had earned a net profit of Rs 1.05 billion.

In the review period, the bank’s net interest income stood at Rs 2.09 billion and net fee and commission income stood at Rs 88.23 crore.

According to the bank’s revised financial statements, the bank’s total operating income declined to Rs 3.67 billion. Similarly, the bank’s loan loss management also declined to Rs 44.99 crore during the review period.

During this period, the distributable profit of the bank reached Rs 14.71 crore. Earlier, the bank’s profit was negative at Rs 3.91 billion. With the profit, the bank’s earnings per share (EPS) also increased to Rs 16.39 and the bank’s net worth per share was Rs 172.31.