Salt Trading Endorses 20% Bonus

Jul 13, 2017 Merolagani


Salt Trading Corporation (STC) is distributing 20 percent bonus share and five percent cash dividend to its shareholders. The 50th annual general meeting of the company endorsed a proposal of distributing the dividend. The company earned net profit of Rs 612.4 million during the FY 2072/73.

 

The company that has been selling and distributing salt, sugar, rice, lentils, pulses, LPG earned Rs 6.83 billion net profit during the border blockade period as well.


In the meeting, Urmila Shrestha, CEO of STC informed of transacting Rs 564.8 million worth of merchandise by the mid-June of the current FY.

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