Clean Energy Development Bank to distribute 5% bonus share & 5.523% cash; AGM on January 8

Clean Energy Development Bank is holding its Annual General Meeting on January 8.

The seventh AGM of the development bank, among other things, will endorse 10.523 percent dividend – 5 percent bonus share and 5.523 percent cash—to the shareholders from the net profit it posted in the last fiscal year 2069/70.

Clean Energy Bank had reported a profit of Rs 17.6 crore at the end of the 4th quarter of the FY 2069/70. The figure is 51.40 percent jump from Rs 11.68 crore recorded for the same period last year.

The bank has posted a 30.87 percent rise in deposits, from Rs 5.47 arba last year to Rs 7.16 arba this year. The bank’s EPS stood at Rs 16.20 and its net worth at Rs 122.60. -SSN