KATHMANDU, Aug 17: Kathmandu Finance Ltd has said that it earned net profit of Rs 17.7 million in the last Fiscal Year 2014/15, up by Rs 1.8 million compared to 2013/14.
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Issuing a press release on Monday, the finance company said it mobilized Rs 1.24 billion in deposits and extended Rs 1.2 billion in loans in 2014/15.
"Deposit mobilization and credit flow are 121 percent and 126 percent higher, respectively, compared to the previous fiscal year," the release added. The non-performing loan of the finance company stands at 0.76 percent compared to last fiscal year's 4.67 percent, according to the release.
