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United Finance reports profit

 
Financial institutions in Nepal
United Finance Ltd
Alpic everest finance
Central finance company
Nawa Durga Finance Co
Standard Finance Limited
Capital Merchant Banking & Finance
Everest finance
Ime Financial institution
Business Development Finance Inst.
Hama finance
Good deposit schemes, 1 year fixed 7%, 3 year even 8%
National finance Co.
Annapurna finance company
Union finance company
Ace finance company
Gorkha finance
Universal finance
Nawa Kantipur
Deposit and loan schemes

 
News item 12-1-2007

According to a press statement issued by United Finance Ltd, this finance company today  completed its 12th annual general meeting which chaired by Basanta K Chaudhary as chairman of UFL. The annual general meeting (AGM) approved transfer of an amount equal to 10 per cent of paid-up capital to capital adjustment fund from current year’s profit and the distribution of 10 per cent dividend to shareholders. United Finance increased its operating profit from Rs 11.4 million to Rs 22.3 million and net profit from Rs 8 million to almost Rs 13 million compared to last year. These are increments of 96 per cent and 58 per cent respectively as mentioned in the press statement.
 

 

 

 

Other finance articles:

Global Bank in Kathmandu 11-1-07
 Royal Merchant Banking and Finance profit and bonus share (10-1-2007)
Iso certification for Mmachhapuchhr Bank (10-1-2007)
Profit Nepal Merchant Banking and Finance 5-1-2007
Asian Development bank study on transport 5-1-2007
Global Bank in Nepal 4-1-07

 

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