Arun Valley to distribute 10% bonus

Aug 17, 2017 Merolagani

 Arun Valley Hydropower Company (AHPC) is set to distribute 10 percent bonus to its shareholders. Moreover, the company will also distribute 0.526 percent cash dividend for tax purpose.

The bonus is subjected to the approval from NRB and upcoming AGM of the company.

The company earned Rs 89.5 million net profit during the last FY. The company with Rs 848.1 million paid-up capital has Rs 92.3 million reserve fund.

After the bonus distribution, the paid-up capital of the company will reach Rs 98.4 million. As per the financial report of the company, it has EPS of Rs 10.

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