Samaj Laghubitta Bittiya Sanstha Limited Announces Profit Allocation for Fiscal Year 2079/80

In a significant financial decision made during the 112th meeting of its Board of Directors, Samaj Laghubitta Bittiya Sanstha Limited (SAMAJ) has finalized the allocation of its net profit for the fiscal year 2079/80. The meeting, held on Jeshta 20, 2081, outlined the distribution of the net profit amounting to Rs. 30,73,751.01.

As per the board's resolution, 20% of the net profit, equivalent to Rs. 6,14,750.20, will be transferred to the General Reserve Fund. The strategic move aims to bolster the institution's financial stability and reserve adequacy.

The remaining profit, totaling Rs. 24,90,000.81, will be carried forward to the Retained Earnings. The allocation is intended to support the institution's future growth and operational needs.

The decision underscores Samaj Laghubitta Bittiya Sanstha Limited's commitment to prudent financial management and sustainable growth, ensuring robust reserves while supporting ongoing and future initiatives.