Kamal Citizen Investment Trust (CIT) has published its unaudited financial report for the fiscal year ending FY 2080/81. The report shows that the trust’s net profit has posted a modest increase compared to the same period of the previous year.
By the end of the fiscal year, CIT earned a net profit of Rs. 1.25 Arba, marking a 13.71% rise from last year. The growth was driven by an increase in overall income and a reduction in expenses.
During the review period, interest income fell by 23.75%, while service and commission income rose by 17.17%. Total income increased by 8.96%, whereas total expenses dropped by 6.77%.
Despite the rise in profit, the Earnings Per Share (EPS) declined to Rs. 19.34, down by Rs. 1.41 from the previous year. At the end of the fourth quarter, the Price-to-Earnings (P/E) ratio stood at 102.15 times, and net worth per share was Rs. 164.23.
CIT has a paid-up capital of Rs. 6.48 Arba and reserves of Rs. 20.11 Arba.
Key Financial Highlights
| Indicators | FY 2080/81 (End) | YoY Change (%) |
|---|---|---|
| Net Profit | Rs. 1.25 Arba | +13.71% |
| Interest Income | – | -23.75% |
| Service & Commission Income | – | +17.17% |
| Total Income | – | +8.96% |
| Total Expenses | – | -6.77% |
| EPS | Rs. 19.34 | -Rs. 1.41 |
| P/E Ratio | 102.15x | – |
| Net Worth per Share | Rs. 164.23 | – |
| Paid-up Capital | Rs. 6.48 Arba | – |
| Reserves | Rs. 20.11 Arba | – |
