Business

PFC's rights shares

PFC's rights shares

By Himalayan News Service

KATHMANDU: Prabhu Finance Company during the fiscal year 2008-09 registered total deposit of Rs 2.5 billion, credit and investment of Rs 2.51 billion. The company posted total operating profit of Rs 23.2 million, an increase of 40.49 per cent compared to the same period last year. Prabhu's fourth AGM has decided to issue rights shares in a 2:1 ratio and distribute 10 per cent cash dividend to its shareholders.