Fewa Finance operating profit stands at Rs 7.38 crore in Q2

Sharesansar, January 19:

Fewa Finance Limited has earned Rs 7.38 crore operating profit during the second quarter of the fiscal year 20718/72.

As compared to previous fiscal year same quarter, company’s able to increase 92 percent growth in operating profit.

During the review period, Fewa Finance is able to collect Rs 4.34 arba deposit and able to mobilize Rs 3.67 arba in loan and advances which is 21 percent and 23 percent growth respectively as compared to previous year same quarter.

Earlier, the company has offered 30 percent dividend to its shareholders from the profit of the last fiscal year 2070/71.

Fewa Finance Limited has already signed agreement with pokhara based Bishwa BIkas Bank for merger.