Lumbini Finance & Leasing Co. Ltd has concluded its 14th annual general meeting at Pragya Bhawan, Kamladi, Kathmandu on 14th January 2010 (2066 Poush 30). As per the annual financial report (2065/66) of the finance company, it has Rs. 120 million share capital and had collected Rs. 1.0712 billion as deposits. The operating profit was Rs. 102.6716 million and net profit at the close of fiscal year was Rs 76.1216 million. It has also decided to provide 25% bonus share from the profit of fiscal year 2065/66 and thereafter issue right share in the ratio of 1:1.
Source:Jamb News Service
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Saturday, January 16, 2010
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