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आधिकारिक सूचनाOfficial AnnouncementFinancial Analysis
12 Aug, 2026
गोर्खाज फाइनान्स लिमिटेडको चौथो त्रैमासिक वित्तीय विवरण

गोर्खाज फाइनान्स लिमिटेडको चौथो त्रैमासिक वित्तीय विवरणGurkhas Finance Limited Fourth Quarter Financial Results

वर्ग:Category:
Financial Analysis
प्रकाशित मिति:Published:
Published on August 12, 2026

Gurkhas Finance Ltd.

गोर्खाज फाइनान्स लि.

Interim Financial Statement

Condensed Statement of Financial Position

As on Quarter Ended 31 Asadh 2080 (16 July 2023)

Particulars This Quarter Ending Immediate Previous Year Ending (Audited)
Assets:
Cash and Cash Equivalent736,177,2261,092,681,589
Due from Nepal Rastra Bank1,970,256,4941,942,500,408
Placement with Bank and Financial Institutions--
Derivative Financial Instruments--
Other Trading Assets--
Loans and Advances to Banks and FIs189,034,935256,028,244
Loans and Advances to Customers5,988,934,3395,715,781,700
Investment Securities1,285,615,825975,254,150
Current Tax Assets44,439,0733,778,901
Investment in Subsidiaries--
Investment in Associates--
Investment Property565,240,789435,454,068
Property and Equipment148,107,270149,851,067
Goodwill ad Intangible Assets2,894,0501,905,361
Deferred Tax Assets139,857,065211,857,261
Other Assets95,466,619104,138,701
Total Assets11,166,023,68610,889,231,449
Liabilities:
Due to Banks and FIs137,842,27445,384,978
Due to Nepal Rastra Bank--
Derivative Financial Instruments--
Deposits from Customers9,381,822,6049,429,106,867
Borrowings--
Current Tax Liabilities--
Provisions--
Deferred Tax Liabilities--
Other Liabilities193,117,583155,679,551
Debt Securities Issued--
Subordinated Liabilities--
Total Liabilities9,712,782,4619,630,171,397
Equity:
Share Capital867,993,800867,993,800
Share Premium22,399,27222,399,272
Retained Earnings(448,431,035)(702,194,648)
Reserves1,011,279,1861,070,861,626
Total Equity Attributable to Equity Holders1,453,241,2241,259,060,051
Non Controlling Interest--
Total Equity1,453,241,2241,259,060,051
Total Liabilities and Equity11,166,023,68610,889,231,449
Contingent liabilities and commitment33,505,79722,806,292
Total Value of Assets Per Share1,286.421,254.53
Net worth per share166.32144.28

Statement of Distributable Profit or Loss

For the Period ended on Asadh End 2080

(As per NRB Regulation)

Particulars Current Year Upto this Quarter YTD Previous Year Corresponding Quarter YTD
Net profit or (loss) as per statement of profit or loss219,401,553(121,463,247)
Appropriations:
a. General reserve(43,880,311)(3,052,748)
b. Foreign exchange fluctuation fund--
c. Capital redemption reserve--
d. Corporate social responsibility fund(2,194,016)-
e. Employees' training fund(842,703)(2,159,254)
f. Other--
CSR Fund190,825-
Reversal of Fair Value Reserve-15,263,742
Profit or (loss) before regulatory adjustment172,675,348(111,411,508)
Regulatory adjustment:
a. Interest receivable (-)/previous accrued interest received (+)28,737,4155,707,746
b. Short loan loss provision in accounts (-)/reversal (+)--
b. Short loan loss provision in investment (-)/reversal (+)--
d. Short loan loss provision on Non Banking Assets (-)/reversal (+)(64,594,851)29,248,294
e. Deferred tax assets recognised (-)/ reversal (+)112,916,058(112,195,563)
f. Goodwill recognised (-)/ impairment of Goodwill (+)--
g. Bargain purchase gain recognised (-)/reversal (+)--
h. Actuarial loss recognised (-)/reversal (+)--
i. Other (+/-)4,029,641.48(6,256,075.04)
Net profit for the quarter end 31st Asadh2080253,763,613(194,907,106)
Opening Retained Earning as on Shrawan01,2079(702,194,648)(507,287,541)
Adjustment (+/-)--
Distribution:
Bonus Share Issued--
Cash Dividend Paid--
Total distributable profit or (loss) as on quarter end date(448,431,035)(702,194,648)

Notes:

1. Above financial statements are prepared in accordance with Nepal Financial Reporting Standards (NFRS) and NRB Directives. Interest income on financial assets measured at amortized cost within the context of NFRS-9 ECL Guidelines has been recognized in accordance with the Guideline Note on interest Income Recognition, 2025.

2. These figure may vary with the audited figures at the instance of external auditor and/or regulators.

3. Figure may be regrouped and rearranged wherever necessary.

4. Loan and advances to customers include loan to customers and loan to employees. interest receivable & net off loan loss provision.

5. Other Comprehensive income includes the fair value changes of items net of tax.

6. The detailed interim report has been published in finance website www.gurkhasfinance.com.np

Condensed Statement of Profit or Loss

As on Quarter Ended 31 Asadh 2080 (16 July 2023)

Particulars Current Year This Quarter Current Year Up to This Quarter (YTD) Previous Year Corresponding (Audited) This Quarter Previous Year Corresponding (Audited) Up to This Quarter (YTD)

Interest Income179,506,170695,399,622232,477,220892,579,255
Interest Expenses84,754,614382,092,136142,169,699597,497,785
Net Interest Income94,751,556313,307,48690,307,521295,081,470
Fee and Commission Income12,578,04036,002,6349,028,07730,691,889
Fee and Commission Expenses1,111,0691,191,5691,270,2951,270,295
Net Fee and Commission Income11,466,97134,811,0657,757,78229,421,594
Net Interest, Fee and Commission Income106,218,528348,118,55198,065,303324,503,064
Net Trading Income----
Other Operating Income2,410,50313,744,785(7,322,473)14,762,597
Total Operating Income108,629,031361,863,33590,742,830339,265,661
Impairment Charge/(Reversal) for Loans and Other Losses(124,380,881)(275,791,478)72,931,832246,461,168
Net Operating Income233,009,912637,654,81317,810,99992,804,493
Personnel Expenses63,865,573180,526,96647,842,800142,183,401
Other Operating Expenses14,022,20583,689,560(3,046,040)56,193,723
Depreciation and Amortization2,981,70212,489,62727,275,41437,200,599
Operating Profit152,140,432360,948,661(54,261,176)(142,773,229)
Non Operating Income(1,332,759)3,075,1352,164,6372,965,037
Non Operating Expenses(3,831,427)24,420,83212,317,48013,437,416
Profit Before Income Tax154,639,099339,602,964(64,414,018)(153,245,608)
Income Tax expense----
Current Tax(18,096,678)37,392,48150,334,23950,334,239
Deferred Tax82,808,93082,808,930(55,467,123)(82,116,600)
Profit/(Loss) for the period89,926,847219,401,553(59,281,134)(121,463,247)
Condensed Consolidated Comprehensive Income
Profit/(Loss) for the period157,744,231219,401,553(59,281,134)(121,463,247)
Other Comprehensive Income(7,039,113)(25,220,380)28,066,67925,286,099
Total Comprehensive Income150,705,118194,181,173(31,214,456)(96,177,148)
Basic earnings per share(Annualized)-25.28-(13.99)
Diluted earnings per share (Annualized)-25.28-(13.99)
Profit attributable to:
Equity holders of the Bank150,705,118194,181,173(31,214,456)(96,177,148)
Non-controlling interest----
Total150,705,118194,181,173(31,214,456)(96,177,148)

Ratios as per NRB Directive

Tier 1 Capital to RWA 13.53% 8.41%

Capital fund to RWA 16.42% 10.45%

Gross Non Performing Loan (NPL) 13.32% 17.46%

Net Non Performing Loan (NPL) 1.96% 2.44%

Total Loan loss provision to total NPL 96.41% 95.99%

Cost of funds 3.43% 5.40%

Credit to Deposit Ratio (Calculated as per NRB Directives) 72.62% 73.28%

Base Rate 6.11% 8.26%

Interest Rate Spread 4.57% 4.56%

Return on Equity 15.10% -9.65%

Return on Assets 1.96% -1.12%

धितोपत्र दर्ता तथा निष्कासन नियमावली २०७३ को अनुसूची १४ नियम २६ को उपनियम (१) सँग सम्बन्धित

आ.व. २०७९/०८० को चौथो त्रैमासिक प्रतिवेदन

१. वित्तीय विवरण :

(क) त्रैमासिक अवधिको वासलात, नाफा नोक्सान सम्बन्धी विवरण:

यस त्रैमास अवधिको वासलात, नाफा नोक्सान सम्बन्धी Unaudited Financial Results (Quarterly) यसै साथ प्रकाशित गरिएको छ। साथै, उक्त विस्तृत त्रैमासिक प्रतिवेदन यस वित्तीय संस्थाको वेबसाइट www.gurkhasfinance.com.np मा समेत राखिएको छ।

(ख) यस अवधिको प्रमुख वित्तीय अनुपातहरु यस प्रकार रहेका छन्।

प्रति शेयर आम्दानी रु. २५.२८

पि.ई. अनुपात २९.२६

प्रति शेयर नेटवर्थ रु. १६६.३२

प्रति शेयर कुल सम्पत्तिको मूल्य रु. १,२८६.४२

तरलता अनुपात ३८.९१%

२. व्यवस्थापकीय विश्लेषण :

(क) त्रैमासिक अवधिको संस्थाको मौज्दात, आम्दानी र तरलतामा कुनै परिवर्तन भए सो को प्रमुख कारण सम्बन्धी विवरण:

यस त्रैमासमा वित्तीय संस्थाको कर्जा परिचालन तथा कर्जा असुलीमा प्रगति भएको र कर्जा नोक्सानी व्यवस्था फिर्ता भएको कारण मुनाफामा वृद्धि भएको छ। साथै, संस्थासँग हाल पर्याप्त तरलता रहेको छ।

(ख) आगामी अवधिको व्यावसायिक योजना सम्बन्धमा व्यवस्थापनको विश्लेषणात्मक विवरण:

आगामी दिनमा संस्थाले कर्जा असुली, गैरबैंकिङ्ग सम्पत्ति बिक्री र कर्जा निक्षेपको अनुपातलाई तोकिएको अनुपातमा कायम राखी कर्जा विस्तार गर्ने कार्यहरुलाई प्राथमिकता दिई संस्थाको आर्थिक परिसूचकहरुमा व्यापक सुधार ल्याउने रणनीतिक योजना व्यवस्थापनको रहेको छ।

(ग) विगतको अनुभवबाट, संगठित संस्थाको मौज्दात, नाफा वा नगद प्रवाहमा तात्विक असर पार्न सक्ने घटना, अवस्था आदि भए सो सम्बन्धी विश्लेषणात्मक विवरण :

सम्पत्ति नगद मौज्दात, नाफा नोक्सान वा नगद प्रवाहमा तात्विक असर पार्न सक्ने कुनै खास घटना वा अवस्था हाल रहेको देखिदैन ।

३. कानूनी कारवाही सम्बन्धी विवरण :

(क) त्रैमासिक अवधिमा संगठित संस्थाले वा संस्थाको विरुद्ध कुनै मुद्दा दायर भएको भए:

कर्जा असुलीका क्रममा हुन गएका बाहेक वित्तीय संस्थाले वा संस्था विरुद्ध कुनै मुद्दा दायर भएको छैन ।

(ख) संगठित संस्थाको संस्थापक वा संचालकले वा संस्थापक वा संचालकको विरुद्ध प्रचलित नियमको उपलङ्घन वा फौजदारी अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर गरेको वा भएको भए: वित्तीय संस्थाको जानकारीमा नआएको।

(ग) कुनै संस्थापक वा संचालक विरुद्ध आर्थिक अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर भएको भए:

वित्तीय संस्थाको जानकारीमा नआएको।

४. संगठित संस्थाको शेयर कारोवार सम्बन्धी विश्लेषण :

(क) धितोपत्र बजारमा भएको संगठित संस्थाको शेयरको कारोवार सम्वन्धी व्यवस्थापनको धारणा:

यस वित्तीय संस्थाको शेयर धितोपत्र बजारको नीति नियम अनुसार खुल्ला बजारले निर्धारण गर्ने गरेको र सोही अनुसार नै कारोबार हुने गरेको छ।

(ख) त्रैमासिक अवधिको शेयरको अधिकतम, न्यूनतम, अन्तिम मूल्य, कारोबार भएको कुल दिन तथा कारोबार संख्या:

शेयरको अधिकतम मूल्य रु. ५९३/-

शेयरको न्यूनतम मूल्य रु. ५०६/-

शेयरको अन्तिम मूल्य रु. ५४०/-

शेयर कारोबार भएको कुल दिन ६४ दिन

शेयरको कारोबार संख्या ६,३२,६५४

कुल कारोबार संख्या ५,८४५

५. समस्या तथा चुनौती :

क) आन्तरिक समस्या तथा चुनौती :

अ) कर्जा असुलीमा देखिएको चुनौती,

आ) बढ्दो सञ्चालन खर्च,

इ) घट्दो खुद व्याज अन्तर,

ई) सञ्चालन जोखिममा वृद्धि,

ख) बाह्य समस्या तथा चुनौती :

अ) लगानीयोग्य वातावरणको अभाव,

आ) घरजग्गाको सुस्त कारोबारले गर्दा बैंकिङ्ग सम्पत्ति समयमा बिक्री गर्न नसक्नु,

इ) साना तथा मझौला स्थानीय निकायको समन्वयकारी भूमिकाको अभाव ।

ग) रणनीति

अ) लगानीका नयाँ क्षेत्रहरु पहिचान गरी लगानी गर्ने,

आ) कर्मचारीहरुको निरन्तर वृत्ति विकासमा जोड दिने,

इ) जोखिम पहिचान गरी जोखिम न्यूनिकरण गर्ने,

ई) चल्ती तथा बचत निक्षेपमा जोड,

उ) साना तथा मझौला कर्जामा जोड,

ए) नविनतम प्रविधिहरुको प्रयोग ।

६. संस्थागत सुशासन :

यस संस्थाले विद्यमान ऐन कानून तथा नीति नियम र नियमनकारी निकायबाट प्राप्त निर्देशनहरु बमोजिम आफ्नो व्यवसाय सञ्चालन गर्दै आएको छ ।

संस्थाको आन्तरिक नियन्त्रण प्रणालीलाई व्यवस्थित गर्न आन्तरिक लेखापरीक्षकबाट त्रैमासिक रुपमा लेखापरीक्षण गराई प्रतिवेदनमा दिइएका सुझावहरु कार्यान्वयन गर्ने तथा लेखापरीक्षण समितिले दिएका निर्देशनहरुको कार्यान्वयन गर्दै आएको छ। आन्तरिक लेखापरीक्षक, बाह्य लेखापरीक्षक तथा नेपाल राष्ट्र बैंकबाट समय समयमा हुने निरीक्षणबाट प्राप्त सुझावहरुको पूर्ण पालना गर्दै संस्थागत सुशासनलाई सुदृढ बनाउन सञ्चालक समिति र व्यवस्थापन प्रतिवद्ध रहेको छ।

७. सत्य, तथ्यता सम्वन्धमा कार्यकारी प्रमुखको उद्घोषण :

आजका मितिसम्म यस प्रतिवेदनमा उल्लेखित जानकारी तथा विवरणहरुको शुद्धता सम्बन्धमा म व्यक्तिगत रुपमा पूर्ण उत्तरदायित्व लिन्छु। साथै म उद्घोषण गर्दछु कि मैले जाने बुझेसम्म यस प्रतिवेदनमा उल्लेखित विवरणहरु सत्य, तथ्य र पूर्ण छन् र लगानीकर्ताहरुलाई सुसूचित निर्णय लिन आवश्यक विवरण, सूचना तथा जानकारीहरु लुकाइएको छैन।

Gurkhas Finance Ltd.

Interim Financial Statement

Condensed Statement of Financial Position

As on Quarter Ended 31 Asadh 2080 (16 July 2023)

Particulars This Quarter Ending Immediate Previous Year Ending (Audited)
Assets:
Cash and Cash Equivalent736,177,2261,092,681,589
Due from Nepal Rastra Bank1,970,256,4941,942,500,408
Placement with Bank and Financial Institutions--
Derivative Financial Instruments--
Other Trading Assets--
Loans and Advances to Banks and FIs189,034,935256,028,244
Loans and Advances to Customers5,988,934,3395,715,781,700
Investment Securities1,285,615,825975,254,150
Current Tax Assets44,439,0733,778,901
Investment in Subsidiaries--
Investment in Associates--
Investment Property565,240,789435,454,068
Property and Equipment148,107,270149,851,067
Goodwill ad Intangible Assets2,894,0501,905,361
Deferred Tax Assets139,857,065211,857,261
Other Assets95,466,619104,138,701
Total Assets11,166,023,68610,889,231,449
Liabilities:
Due to Banks and FIs137,842,27445,384,978
Due to Nepal Rastra Bank--
Derivative Financial Instruments--
Deposits from Customers9,381,822,6049,429,106,867
Borrowings--
Current Tax Liabilities--
Provisions--
Deferred Tax Liabilities--
Other Liabilities193,117,583155,679,551
Debt Securities Issued--
Subordinated Liabilities--
Total Liabilities9,712,782,4619,630,171,397
Equity:
Share Capital867,993,800867,993,800
Share Premium22,399,27222,399,272
Retained Earnings(448,431,035)(702,194,648)
Reserves1,011,279,1861,070,861,626
Total Equity Attributable to Equity Holders1,453,241,2241,259,060,051
Non Controlling Interest--
Total Equity1,453,241,2241,259,060,051
Total Liabilities and Equity11,166,023,68610,889,231,449
Contingent liabilities and commitment33,505,79722,806,292
Total Value of Assets Per Share1,286.421,254.53
Net worth per share166.32144.28

Statement of Distributable Profit or Loss

For the Period ended on Asadh End 2080

(As per NRB Regulation)

Particulars Current Year Upto this Quarter YTD Previous Year Corresponding Quarter YTD
Net profit or (loss) as per statement of profit or loss219,401,553(121,463,247)
Appropriations:
a. General reserve(43,880,311)(3,052,748)
b. Foreign exchange fluctuation fund--
c. Capital redemption reserve--
d. Corporate social responsibility fund(2,194,016)-
e. Employees' training fund(842,703)(2,159,254)
f. Other--
CSR Fund190,825-
Reversal of Fair Value Reserve-15,263,742
Profit or (loss) before regulatory adjustment172,675,348(111,411,508)
Regulatory adjustment:
a. Interest receivable (-)/previous accrued interest received (+)28,737,4155,707,746
b. Short loan loss provision in accounts (-)/reversal (+)--
b. Short loan loss provision in investment (-)/reversal (+)--
d. Short loan loss provision on Non Banking Assets (-)/reversal (+)(64,594,851)29,248,294
e. Deferred tax assets recognised (-)/ reversal (+)112,916,058(112,195,563)
f. Goodwill recognised (-)/ impairment of Goodwill (+)--
g. Bargain purchase gain recognised (-)/reversal (+)--
h. Actuarial loss recognised (-)/reversal (+)--
i. Other (+/-)4,029,641.48(6,256,075.04)
Net profit for the quarter end 31st Asadh2080253,763,613(194,907,106)
Opening Retained Earning as on Shrawan01,2079(702,194,648)(507,287,541)
Adjustment (+/-)--
Distribution:
Bonus Share Issued--
Cash Dividend Paid--
Total distributable profit or (loss) as on quarter end date(448,431,035)(702,194,648)

Notes:

1. Above financial statements are prepared in accordance with Nepal Financial Reporting Standards (NFRS) and NRB Directives. Interest income on financial assets measured at amortized cost within the context of NFRS-9 ECL Guidelines has been recognized in accordance with the Guideline Note on interest Income Recognition, 2025.

2. These figure may vary with the audited figures at the instance of external auditor and/or regulators.

3. Figure may be regrouped and rearranged wherever necessary.

4. Loan and advances to customers include loan to customers and loan to employees. interest receivable & net off loan loss provision.

5. Other Comprehensive income includes the fair value changes of items net of tax.

6. The detailed interim report has been published in finance website www.gurkhasfinance.com.np

Condensed Statement of Profit or Loss

As on Quarter Ended 31 Asadh 2080 (16 July 2023)

Particulars Current Year This Quarter Current Year Up to This Quarter (YTD) Previous Year Corresponding (Audited) This Quarter Previous Year Corresponding (Audited) Up to This Quarter (YTD)

Interest Income179,506,170695,399,622232,477,220892,579,255
Interest Expenses84,754,614382,092,136142,169,699597,497,785
Net Interest Income94,751,556313,307,48690,307,521295,081,470
Fee and Commission Income12,578,04036,002,6349,028,07730,691,889
Fee and Commission Expenses1,111,0691,191,5691,270,2951,270,295
Net Fee and Commission Income11,466,97134,811,0657,757,78229,421,594
Net Interest, Fee and Commission Income106,218,528348,118,55198,065,303324,503,064
Net Trading Income----
Other Operating Income2,410,50313,744,785(7,322,473)14,762,597
Total Operating Income108,629,031361,863,33590,742,830339,265,661
Impairment Charge/(Reversal) for Loans and Other Losses(124,380,881)(275,791,478)72,931,832246,461,168
Net Operating Income233,009,912637,654,81317,810,99992,804,493
Personnel Expenses63,865,573180,526,96647,842,800142,183,401
Other Operating Expenses14,022,20583,689,560(3,046,040)56,193,723
Depreciation and Amortization2,981,70212,489,62727,275,41437,200,599
Operating Profit152,140,432360,948,661(54,261,176)(142,773,229)
Non Operating Income(1,332,759)3,075,1352,164,6372,965,037
Non Operating Expenses(3,831,427)24,420,83212,317,48013,437,416
Profit Before Income Tax154,639,099339,602,964(64,414,018)(153,245,608)
Income Tax expense----
Current Tax(18,096,678)37,392,48150,334,23950,334,239
Deferred Tax82,808,93082,808,930(55,467,123)(82,116,600)
Profit/(Loss) for the period89,926,847219,401,553(59,281,134)(121,463,247)
Condensed Consolidated Comprehensive Income
Profit/(Loss) for the period157,744,231219,401,553(59,281,134)(121,463,247)
Other Comprehensive Income(7,039,113)(25,220,380)28,066,67925,286,099
Total Comprehensive Income150,705,118194,181,173(31,214,456)(96,177,148)
Basic earnings per share(Annualized)-25.28-(13.99)
Diluted earnings per share (Annualized)-25.28-(13.99)
Profit attributable to:
Equity holders of the Bank150,705,118194,181,173(31,214,456)(96,177,148)
Non-controlling interest----
Total150,705,118194,181,173(31,214,456)(96,177,148)

Ratios as per NRB Directive

Tier 1 Capital to RWA 13.53% 8.41%

Capital fund to RWA 16.42% 10.45%

Gross Non Performing Loan (NPL) 13.32% 17.46%

Net Non Performing Loan (NPL) 1.96% 2.44%

Total Loan loss provision to total NPL 96.41% 95.99%

Cost of funds 3.43% 5.40%

Credit to Deposit Ratio (Calculated as per NRB Directives) 72.62% 73.28%

Base Rate 6.11% 8.26%

Interest Rate Spread 4.57% 4.56%

Return on Equity 15.10% -9.65%

Return on Assets 1.96% -1.12%

Related to Schedule 14 Rule 26 Sub-rule (1) of Securities Registration and Issuance Regulations 2073

Fourth Quarter Report of F.Y. 2079/080

1. Financial Statements:

(a) Quarterly Balance Sheet and Profit/Loss Details:

The Unaudited Financial Results (Quarterly) balance sheet and profit/loss details of this quarter period are published herewith. Furthermore, the detailed quarterly report is also posted on the website of this financial institution www.gurkhasfinance.com.np.

(b) Major financial ratios of this period are as follows:

Earnings per share: Rs. 25.28

P/E Ratio: 29.26

Net worth per share: Rs. 166.32

Total Asset Value per share: Rs. 1,286.42

Liquidity Ratio: 38.91%

2. Management Analysis:

(a) Details regarding major reasons for changes in stock, income, and liquidity of the institution during the quarterly period:

During this quarter, due to progress in loan mobilization and recovery as well as reversal of loan loss provision, profit has increased. Also, the institution currently holds adequate liquidity.

(b) Management's analytical statement regarding future business plan:

In the coming days, management's strategic plan is to prioritize loan recovery, sale of non-banking assets, and loan expansion while maintaining the credit-to-deposit ratio within specified limits, thereby bringing broad improvements to the financial indicators of the institution.

(c) Analytical details regarding events, conditions, etc. from past experience that could materially affect stock, profit, or cash flows of the corporate body:

Currently, there are no specific events or conditions observed that could materially affect assets, cash balances, profit/loss, or cash flows.

3. Details Regarding Legal Proceedings:

(a) If any lawsuit was filed by or against the corporate body during the quarterly period:

Except for those arising in the course of loan recovery, no lawsuit has been filed by or against the financial institution.

(b) If any lawsuit was filed regarding violation of prevailing regulations or criminal offense by founders or directors of the corporate body: Not brought to the knowledge of the financial institution.

(c) If any lawsuit was filed regarding economic crime against any founder or director: Not brought to the knowledge of the financial institution.

4. Analysis Regarding Share Trading of the Corporate Body:

(a) Management's opinion regarding share trading of the corporate body in the stock market:

Shares of this financial institution are traded in the open market as determined by the market in accordance with stock market rules and regulations.

(b) Maximum, minimum, closing price, total trading days, and total number of transactions during the quarterly period:

Maximum share price: Rs. 593/-

Minimum share price: Rs. 506/-

Closing share price: Rs. 540/-

Total trading days: 64 days

Number of traded shares: 6,32,654

Total transactions: 5,845

5. Problems and Challenges:

a) Internal Problems and Challenges:

a) Challenges seen in loan recovery,

b) Rising operating expenses,

c) Decreasing net interest spread,

d) Increase in operational risk,

b) External Problems and Challenges:

a) Lack of investment-friendly environment,

b) Inability to sell banking assets in time due to sluggish real estate market,

c) Lack of coordinating role from small and medium local bodies.

c) Strategy:

a) Identifying and investing in new sector opportunities,

b) Emphasizing continuous career development of employees,

c) Identifying risks and mitigating risks,

d) Focus on current and savings deposits,

e) Focus on small and medium loans,

f) Use of modern technologies.

6. Corporate Governance:

This institution has been operating its business in accordance with prevailing laws, rules, regulations, and directives received from regulatory authorities.

To organize the internal control system, internal audit is conducted quarterly, and recommendations given in the report are implemented along with instructions of the Audit Committee. The Board of Directors and management are committed to strengthening corporate governance by fully complying with suggestions received from internal auditors, external auditors, and periodic inspections by Nepal Rastra Bank.

7. Chief Executive Officer's Declaration on Truth and Accuracy:

As of today, I personally take full responsibility for the accuracy of the information and details mentioned in this report. Furthermore, I declare that to the best of my knowledge and understanding, the details in this report are true, factual, and complete, and no details, information, or facts necessary for investors to make informed decisions have been concealed.

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