CIT's net profit last fiscal year stands over Rs 1.25 billion

Key Points

• Citizen Investment Trust recorded a net profit exceeding Rs 1.25 billion after tax in the last fiscal year.
• Rs 251.2 million of the profit was allocated to the general reserve fund; the rest was distributed as bonuses to members.
• The AGM approved a five percent bonus share and an eight percent cash dividend based on last fiscal year's income.
• CIT is addressing loan recovery issues from Nepal Airlines Corporation while enhancing digital data security and contributing to social causes.