Kathmandu. The sixth annual general meeting of Manushi Laghubitta Bittiya Sanstha Limited was held on Sunday. The annual report of the company, presented by Chairman Padmasana Shakya on behalf of the board of directors, was unanimously passed at the meeting held at Hotel View Bhaktapur, Jagati.
In the meeting, the company’s Chief Executive Officer Shobha Bajracharya delivered a welcome speech and highlighted the overall status and progress of the organization. Also, while answering the questions raised by the shareholders at the meeting, she said that she is committed to working to bring the organization to a position where it can distribute dividends next year.
The organization, which has completed six years of establishment, has 36 branches in 14 districts as of last fiscal year. The organization, which has a share capital of 10,93,75,000, has a reserve fund of 4,23,34,732. The organization’s earnings per share are negative by 7.22, compared to negative by 38.25 in the previous year, which is a significant improvement during the review period.
The organization has collected more than 987.8 million deposits from 33,718 members during the review period.
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