Unilever Nepal Ltd. has informed NEPSE on 2074-05-12 that the company has reported a revenue of Rs. 4442 Million for the year and a net profit of Rs. 965 Million for the same period.

The Board of Directors have recommended a dividend of Rs. 1100 per share on Equity Shares of Rs. 100 each. This year, the company also celebrates its 25th year in Nepal. On this occasion, the Board has also recommended an additional special dividend of Rs. 170 per share to commemorate the occasion.

The total final dividend of 1270 per share of Rs. 100 each will be paid subject to the approval of shareholders in 24th Annual General Meeting which is scheduled for 6th Octber, 2017.

Corporate News

Country’s forex reserves slump to 32-month low

Kathmandu, December 24- Nepal’s foreign exchange reserves have slumped to a 32-month low despite robust growth in remittance income and downward revision in foreign exchange facility for Nepalis visiting overseas, raising the spectre of the country facing a balance of payments crisis if the problem continues to grow.

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Doha Bank opens representative office in Nepal

Kathmandu, December 19 - Doha Bank, one of the largest commercial banks in Qatar, has opened its liaison office in Nepal as per the permission granted by the central bank about six months ago.

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Parliament body asks govt to solve problem of multiple taxation

KATHMANDU, Aug 15: Parliament’s Finance Committee on Tuesday issued directions to the government to take the lead in solving the chronic problem of multiple taxation by the three tiers of government, as well as the exorbitant hike in tax rates.

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Trade deficit surged five-fold in last decade

Kathmandu, August 5 - The country’s trade deficit jumped five folds in the last decade as imports have been skyrocketing and exports have slowed to a crawl in the review period.

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Symbol % Change Last Price Turnover
UPPER 9.8940 311.0 17,879,130.0
NHDL 5.0000 147.0 89,400.0
CBBL 3.9326 925.0 20,771,716.0
EDBL 3.7037 280.0 178,294.0
CFCL 3.6697 113.0 12,674.0
Symbol % Change Last Price Turnover
SEF -10.0000 9.0 18,695.0
SAEF -10.0000 9.0 6,587.0
JOSHI -9.6654 243.0 17,410.0
KEBL -4.7619 180.0 402,873.0
SADBL -3.8710 149.0 2,298,412.0
Symbol % Change Last Price Turnover
NBL 0.6873 293.0 25,427,476.0
CIT -2.3479 2,745.0 22,178,844.0
CBBL 3.9326 925.0 20,771,716.0
UPPER 9.8940 311.0 17,879,130.0
MBL 0.4808 209.0 17,290,711.0