8.2 Million Rupees Profit of Aarambha Chautari Micro-Finance disappeared, distributable profit also decreased by 41 percent

Kathmandu : Aarambha Chautari Laghubitta Bittiya Sanstha Limited has released the financial statement for the second quarter of the current fiscal year on the last week of January, 2024 A.D. According to the details, compared to the last fiscal year, the company has disappeared 8.2 million Rupees during this period.

During the 6 months of the current fiscal year, the company has earned a net profit of Rs.12.4 million, which is 39.36 percent less than last fiscal year. In the same period of the last financial year, the company earned a net profit of Rs.20.6 million.

By the end of the current fiscal year (End of December, 2023 A.D), the net interest income of the company has decreased by 12.20 percent which is Rs.128.3 million. In the same period of the last fiscal year, the income of the company was Rs.146.1 million.

The operating profit of the company has decreased by 39.46 percent and has become Rs 17.8 million. On the other hand, the distributable profit of the company has decreased by 41.49 percent and has become Rs.24.6 million by the end of December, 2023 A.D.

During the review period, the paid-up capital of the company is Rs.367.1 Million and the reserve fund is Rs.139.3 million.

Earnings per share of the company decreased by 4.44 rupees to 6.80 paisa and net worth per share is 144.39 rupees.