Gorkhaj Finance can pays 30 percent dividend

Jun Fri 2021 08:19:35

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Gorkhaj Finance can pays 30 percent dividend

Kathmandu. The share price of Gorkhaj Finance continues to rise. Investors have made 100 percent more profit in a month. The share price of Gorkhaj was Rs 471 in the secondary market a month ago but now it has reached Rs 1,020 per share. As per the details till mid-April, the financial statement of Gorkhaj Finance is good.

Finance has earned a profit of Rs 273.7 million as of mid-April. 30 percent of the profit can be distributed to the shareholders from the profit till mid-April. As the ban has been imposed from Baishakh to mid-July, the details may be different.

Gorkhaj Finance has managed to make a profit only from the financial statements of mid-April. Which is Rs. 22.1 million. Till last year, Gorkhaj Finance has incurred accumulated loss of Rs. 290 million. Although it is possible to distribute 30 percent dividend from the distributable profit, the finance company which has made the reserves positive from the loss cannot pay the dividend.