Everest Bank Ltd schedules its 20th AGM for Ashoj 13

ShareSansar, September 7:

Everest Bank Ltd has said that it will hold its 20th annual general meeting (AGM) on Ashoj 13.

According to the notice published by the bank today, it stated that the AGM of the bank will be held at Lainchaur Banquet in Kathmandu.

The bank has already announced its book closure from Bhadra 18 to Ashoj 14.

 Everest Bank’s board of director has proposed 62.63 percent of dividend-which includes 12 percent bonus shares and 50.63 percent cash dividend- to its shareholders from the net profit it had earned in the last fiscal year 2071/72.
 
The bank earned Rs 1.55 arba net profit in the last fiscal year 2070/71, a jump from the profit of Rs 1.47 arba in the corresponding period of the previous fiscal year 2069/70, according to the unaudited financial statement of the bank. Its EPS stands at Rs 86.04, P/E ratio 30.58 times while net worth per share is Rs 346.94.

The bank had distributed 60 percent dividend (10 percent bonus share and 50 percent cash) in the previous fiscal year 2069/70.