Nepal Express Finance Limited has proposed 9.50 bonus shares and 0.5
cash dividend to its shareholders from the net profit it posted in the
last fiscal year.
A meeting of the finance company’s board of directors took the decision to this effect on Monday.
The finance company’s deposit had increased by an impressive 19 percent to Rs 77 crore and 39 lakh during the last fiscal year as compared the previous fiscal year.
Its lending all surged by 43 percent to Rs 69 crore and 46 lakh during the last fiscal year as compared to the same period of the previous fiscal year.
It may be noted here that the 10 percent dividend offered by Nepal Express Finance Limited is, however, subject to approval of its upcoming Annual General Meeting as well as of the Nepal Rastra Bank.
-sharesansar
A meeting of the finance company’s board of directors took the decision to this effect on Monday.
The finance company’s deposit had increased by an impressive 19 percent to Rs 77 crore and 39 lakh during the last fiscal year as compared the previous fiscal year.
Its lending all surged by 43 percent to Rs 69 crore and 46 lakh during the last fiscal year as compared to the same period of the previous fiscal year.
It may be noted here that the 10 percent dividend offered by Nepal Express Finance Limited is, however, subject to approval of its upcoming Annual General Meeting as well as of the Nepal Rastra Bank.
-sharesansar
