Kathmandu. Hulas Finserv Hire Purchase Limited (formerly Hulas Finserv Limited) has published its unaudited financial results for the third quarter of FY 2082/83. According to the interim financial statement released by the company, both profitability and loan investment recorded encouraging growth driven by significant business expansion and effective loan recovery management.
The company posted a net profit of NPR 241.34 million during the review period, marking a 65.35% increase compared to the corresponding period of the previous fiscal year.
During the same period, the company’s total loan portfolio reached NPR 10 billion, reflecting a 75.10% growth in business size. According to the company, strong business expansion and effective risk management practices helped reduce the Non-Performing Loan (NPL) ratio from 4.22% to 2.74%.
The company stated that maintaining improved asset quality despite significant growth in loan investment demonstrates the effectiveness of its financial management and recovery strategy.
Looking ahead, the company has reaffirmed its commitment towards balanced and sustainable business growth, effective risk management, strengthened loan recovery mechanisms, and protecting the long-term interests of its stakeholders.






















