United Finance to give 10% cash dividend

KATHMANDU, NOV 10: 

United Finance Limited is all set to extend 10 percent cash dividend from profit generated in the last fiscal year, according to a company statement. The decision was approved by the 18th annual general meeting of the bank held on Wednesday. The finance company, promoted by Chaudhary Group and Morang Auto Works, among others, generated a net profit of 37.99 million in 12 months to 15 July. The company, which has a paid-up capital of Rs 350.80 million, collected Rs 2.60 billion in deposits and extended Rs 2.08 billion in loans till the end of last fiscal year.

Source: Republica