Sunday, January 12, 2014

Clean Energy distributing 5 % cash dividend

Kathmandu, Jan 12


Clean Energy Development Bank is distributing cash dividend warrants to its shareholders from the net profit it posted in the last fiscal year 2069/70.

The seventh AGM of the development bank held last week had endorsed 10.523 percent dividend – 5 percent bonus share and 5.523 percent cash—to the shareholders from the
net profit it posted in the last fiscal.

The dividend warrants are being distributed through the bank’s branch office at Durbarmarg.

Clean Energy Bank had reported a profit of Rs 17.6 crore at the end of the 4th quarter of the FY 2069/70. The figure is 51.40 percent jump from Rs 11.68 crore recorded for the same period last year.

The bank has posted a 30.87 percent rise in deposits, from Rs 5.47 arba last year to Rs 7.16 arba this year. The bank’s EPS stood at Rs 16.20 and its net worth at Rs 122.60.

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