Net profit of Global IME Bank increased just marginally in the first quarter.


A 5.04 percent increase net profit was reported by Global IME Bank Limited (GBIME) in its first-quarter report for the fiscal year 2078/2079, according to the company.

From Rs 1.05 Arba the first quarter of the fiscal year 2077/2078 to Rs 1.11 Arba in the first quarter of the fiscal year 2078/2079, the bank’s profit has improved. After PL Appropriation and Regulatory Adjustments, the bank has a distributable profit of Rs 3.35 Arba in the same quarter of the previous year.

Customer deposits were constant at Rs. 2.67 kharba, while loans and advances to consumers climbed by 9.88 percent to Rs. 2.51 kharba (compared to the same period the previous year ended) through the first quarter of this year.

The bank’s net interest income decreased by 9.82 percent to Rs 2.33 Arba the third quarter of this year, from Rs 2.59 Arba in the previous quarter.

The bank’s paid-up is Rs. 21.63 Arba, with a reserve and surplus of Rs. 12.12 Arba. The bank has a total of Rs. 21.63 Arba.

The percentage of non-performing loans (NPLs) decreased to 1.62 percent from 1.83 percent the previous quarter.

The bank’s annualized earnings per share (EPS) is Rs 20.57. The net worth per share is at Rs. 156.05 rupees. The company’s traded at a price-to-earnings ratio of 19.43 times.

The first quarter report can be found here.

terms of finances:

This figure represents the current year’s immediate previous year’s end.

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