Samaj Laghubitta Decides Not to Distribute Dividends This Year

Samaj Laghubitta Bittiya Sanstha Limited has decided not to distribute dividends to its shareholders this year. The decision was made during the company's board meeting held on Sunday.

The microfinance institution will allocate the profit from the last fiscal year to the general reserve fund and retained earnings instead of distributing dividends to shareholders.

Samaj Laghubitta reported a total profit of NPR 3,073,751 for the fiscal year 2079-80. Out of this, 20%, or NPR 614,750, will be allocated to the general reserve fund, and the remaining NPR 2,459,001 will be kept in retained earnings.

This year's profit will be used to strengthen the financial stability and future plans of the institution. Shareholders are expected to view this decision as a positive step toward the sustainable growth of the institution.