NIC Asia Capital Approves 50% Cash Dividend at 10th AGM
Summary
NIC Asia Capital Limited has approved a 50% cash dividend at its 10th annual general meeting in Thapathali, Kathmandu. The company reported income of more than Rs. 28.98 crores, net profit of over Rs. 10.51 crores, and total shareholder returns of 340% to date.
Key Points
- NIC Asia Capital approved a 50% cash dividend, including taxes, at its 10th AGM.
- The company reported income of more than Rs. 28.98 crores and net profit of over Rs. 10.51 crores in FY 2082/83.
- As of Ashadh end 2083, it had opened more than 863,000 Demat accounts and managed over Rs. 7 arba through six mutual fund schemes.
- The company said it has distributed a total return of 340% to shareholders so far.
