Shree Investment to dole out 20.40% dividend

ShareSansar, December 3:

Shree Investment and Finance Company Limited has endorsed 20.40 percent cash dividend to the shareholders from the net profit it earned in the last fiscal year 2069/70.

The 19th Annual General Meeting of the finance company held in Kathmandu yesterday formally endorsed the dividend proposed by its BoD .

The finance company had posted a net profit of Rs 3.94 crore in the last fiscal year largely propelled by its core business, according to its management.

It had mobilized 12.23 percent more deposit in the last fiscal year compared to the previous fiscal year 2068/69.

Likewise, it had also mobilized 9.16 percent more loan in the same period.