The corporation that earned a net profit of Rs 612.4 million in the last FY increased its net profit by 25.62 percent to Rs 769.3 million.
In the AGM, Urmila Shrestha, CEO of Salt Trading said that the corporation will move toward capital increment and invest in petroleum and sugarcane production. Highlighting that the corporation has highly prioritized cent percent accessibility of iodised salt, she informed that 95 percent of children below 5 years have accessibility of the iodised salt.
Similarly, Laxmi Das Manandhar, Chairman of BOD of Salt Trading said that the corporation will ensure easy and smooth distribution of all types of goods to the consumers.
The corporation has 21 and 79 percent share ownership of general investors and the government respectively. The company headquartered at Kalimati has a paid-up capital of Rs 98.1 million. After the bonus share distribution, the paid-up capital will total Rs 122.7 million.