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How is MERO microfinance data for the second quarter?

Author

Dipesh Ghimire

How is MERO microfinance data for the second quarter?

  • By the end of January, microfinance made a net profit of Rs 64.3 million

  • Profit 5.14 percent less than the same period of last financial year

  • 6 crore 77 lakh net profit in 6 months

  • Net interest income increased by 1.17 percent

  • Bad loans increased from 4.96 percent to 7.87 percent during the review period

  • Distributable profit Rs 6 crore 97 lakh

  • Distributable earnings per share Rs 10 56 paise

  • 149.22 times net worth per share

  • Paid up capital: 1 billion 32 million rupees

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