The latest Market Information (net profits).

• The BOD meeting of Bank of Kathmandu dated 2068/04/26 has decided to give 16.75% Cash Dividend and 18% bonus share which is subject to approval from NRB and its upcoming AGM.
• Standard Chartered Bank Ltd has posted net profit of 1119.171 million.
• Nabil Bank Ltd has posted net profit of 1300.116 million.
• Zenith Finance Ltd has posted net profit of 22.263 million.
• Siddhartha Development Bank Ltd has posted net profit of 65.289 million.
• Subhechha Bikas Bank Ltd has posted net profit of 11.570 million.
• Laxmi Bank Ltd has posted net profit of 377.586 million.
• Lumbini Bank Ltd has posted net profit of 389.693million.

Net Profit:

How does a company decide whether it is successful or not? Probably the most common way is to look at the net profits of the business. Given that companies are collections of projects and markets, individual areas can be judged on how successful they are at adding to the corporate net profit.The net profit margin percentage is a related ratio. This figure is calculated by dividing net profit by revenue or turnover, and it represents profitability, as a percentage.

**How you reach Net Profit on a Profit & Loss Account:

*Sales Revenue = Price (of product) X Quantity Sold
*Gross Profit = sales revenue – cost of sales and other direct costs
*Operating profit (EBIT,earnings before interest and taxes) = Gross profit – overheads and        other indirect costs
*Pretax Profit ( EBT,earnings before taxes) = operating profit – one off items and redundancy  payments, staff restructuring – interest payable
 *** Net profit= Pre-tax profit – tax

Also, Retained earnings= Profit after tax – Dividends

                                             

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