Salt Trading dividend

KATHMANDU, APR 10: 

Salt Trading Corporation’s 45th AGM on Monday approved 35 per cent stock and 10 per cent cash dividend to its shareholders. The corporation has posted a net profit of Rs 60 million during the fiscal year of 2010-11, chairman of the board Laxmi Das Manandhar said, presenting annual report. “It has recorded a transaction worth Rs Rs2.57 billion in the eight months of the current fiscal year 2011-12,” he said, adding that the company has also launched LPG cylinders under the STC brand to ease LPG supply in the market. “Apart from plans to bring in new machinery for Morang Sugar Mill, it has already completed fleasibilty study to open petrol pumps and LPG bottling plants in Kathmandu and other cities.” 

Source: THT