Manjushree is the Best finance companies Among others, How much it's distributable profit ?

Sep Wed 2021 12:34:21

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Manjushree is the Best finance companies Among others, How much it's distributable profit ?

Kathmandu, The profits of most financial institutions have increased 2077/078 fiscal year . According to the published financial statements of the last fiscal year, the income of finance companies operating in Nepal has also increased.

During the review period, the income of finance companies increased by 43 percent compared to the previous fiscal year. In comparison, the overall profit of finance companies has increased due to the increase in income other than interest income.

By the end of last fiscal year, Manjushree Finance has become the most profitable finance company. By the end of last year, Finance had managed to earn a net profit of Rs 568.1 million. The lowest income is made by Samridhi Finance Company. The company has earned a net income of Rs 4.51 million till the end of last year.

Manjushree Finance has seen a surge in net profit as well as distributable profits. From the profit of the last fiscal year, the indestructible profit of Finance is Rs. 485.62 million. Similarly, Samridhi Finance has shown weak share in distributable profits. As per last year's details, the company's distributable profit seems to be limited to Rs 2.89 million.