Kathmandu — The Citizen Investment Trust (CIT) has released the unaudited financial results for the first quarter of FY 2082/83. According to the report, the Trust earned a net profit of Rs. 31.43 crore, marking a 4.43% decline compared to the same period last fiscal year. CIT had reported a net profit of Rs. 32.09 crore in the previous year’s first quarter.
Despite the decline in profit, total income increased to Rs. 53.72 crore, up by 3.90% from last year’s Rs. 51.70 crore.
Breakdown of Major Income Sources
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Service Charges & Commission: Rs. 42.74 crore
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Interest Income: Rs. 9.72 crore
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Other Income: Rs. 1.25 crore
However, total expenses also rose by 1.96%, reaching Rs. 11.79 crore, compared to last year’s Rs. 11.57 crore.
Key Per-Share Indicators
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Earnings Per Share (EPS): Rs. 19.40
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Net Worth Per Share: Rs. 169.08
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Return on Investment (ROI): 4.81%
Total Investment Portfolio
As of Ashoj-end, CIT’s total investment stands at Rs. 295 billion, distributed as follows:
| Investment Area | Amount |
|---|---|
| Fixed Deposits | Rs. 162 billion |
| Shares of Organized Institutions | Rs. 32.27 billion |
| Time-Bound Loans | Rs. 26.38 billion |
| Subsidiary Companies | Rs. 2.72 billion |
| Government Bonds | Rs. 3.63 billion |
Additionally, the Trust’s reserve fund has reached Rs. 20.24 billion.
