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United Finance reports profit

 

Financial institutions in Nepal
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.
United Finance Ltd
Alpic everest finance
Central finance company

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:

Per capita income Nepal reaches $470 (10-06-2008)
4 years Birgunj Finance (1-10-2007)

foreign employment insurance scheme forwarded to Ministry of Finance (26-8-2007)
Real estate is interesting niche for investment (29-6-2007)

5 years International Money Express (14-6-2007)
finance services for Bajaj bikes (15-3-2007)
Lumbini Finance & Leasing Co annual meeting (26-2-2007)
growing remittance (10-5-2007)

 

 

Easy money and Nepali finance

 

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