Getbucks Microfinance Bank Limited Announces Audited Earnings Results for the Year Ended June 30, 2017
October 04, 2017 at 12:59 pm EDT
GetBucks Microfinance Bank Limited announced audited earnings results for the year ended June 30, 2017. For the year, the company reported, net interest income of USD 8,605,228 against USD 6,920,863 a year ago. Profit before taxation was USD 4,896,471 against USD 4,209,706 a year ago. Profit for the year was USD 3,635,538 against USD 3,014,256 a year ago. Diluted earnings per share were 0.33 cents against 0.28 cents a year ago. Net cash flows generated from operating activities was USD 3,013,358 against USD 1,934,786 a year ago. Purchase of equipment was USD 100,288 compared to USD 204,702 a year ago. Purchase of software was USD 90,150 compared to USD 16,775 a year ago.