Monday, November 11, 2013

Global IME posts massive profit of 224% of the current fiscal year 2070/71

Global IME Bank has reported a massive profit rise of 224 percent in the first quarter of the current fiscal year 2070/71.

Publicizing its unaudited report for the first quarter today, the commercial bank has stated that its net profit has surged to Rs 27.14 crore in the first quarter, up from Rs 8.38 crore in the corresponding quarter of the last fiscal year.

Its net interest income has also surged to Rs 35.39 crore from Rs28.57 crore in the corresponding quarter.

The commercial bank mobilized Rs 35.35 arba in deposit and Rs 28.59 arba in loan in the first quarter compared to Rs Rs 28.10 arba in deposit and Rs 22.98 arba in loan in the corresponding quarter.

Golbal IME’s non performing loan has also slightly grown from 2.20 percent to 2.59 percent.

Its earning per share stands at Rs 44.90 and its net worth per share is at Rs144.83.

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-sharesansar

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