Nepalese Investor

Chhimek Laghubitta Bittiya Sanstha (CBBL) Publishes Second Quarter Report for FY 2080/81

CHCL Q2 Report FY 2080/81
CHCL Q2 Report FY 2080/81

Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) has posted a net profit of Rs 436.22 million and published its second quarter financial report of the fiscal year 2080/81.

As per the published second quarter financial report of Chhimek Laghubitta Bittiya Sanstha (CBBL), Annualized Earning Per Share of the company stands at Rs. 29.30. In the same period of previous fiscal year, Chhimek Laghubitta had a annualized EPS of Rs. 47.85. The decrease in net profit and EPS of the micro-finance company can be attributed to increase in bad loans and impairment charges.

The distributable profit of Chhimek Laghubitta is Rs. 1.28 Billion, while the distributable earnings per share is 43.31 till the 2nd quarter of FY 2080/81. During that period, the price-to-earnings ratio of microfinance is 29.76 times and the net worth per share is Rs. 231.52.

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