Swarojgar Laghybitta Bittiya Sanstha Limited(SLBBL) is operating services as a class “D” level bank of Nepal. They registered under the company and 2063 as microfinance and started their services from 2009 A.D. The major objective of this microfinance is to uplift the economic status of the poor and backyard people. Also, providing microloans with investment ideas to women is the major objective of SLBBL.
They established the vision of poverty alleviation by providing micro-finance assistance through a professional microfinance institution and staff. Likewise, generating income for people by providing the new types of micro-finance services is the mission of the SLBBL. The authorized capital of SLBBL is Nrs 500 million and the paid-up capital is Nrs 41,12,79,297.
Financial Performance
| Earning Per Share: | 37.52 |
| P/E Ratio: | 43.34 |
| Book Value: | 150.42 |
These are the major financial indicators of SLBBL. They have been providing good bonus shares and cash dividends for a couple of years.
Bonus share & Cash dividend of 2077/78
Swarojgar Laghybitta Bittiya Sanstha Limited(SLBBL) proposes 25% of dividends to its shareholders. The company has received a tax exemption on the bonus share because SLBBL started a joint transaction by acquiring Janakpur Laghubitta.
So, the company proposed a 25% of bonus share (amounted to Rs 10,28,19,824) to its shareholders. Nepal Rastra Bank needs to approve that proposal. And, then finally Annual General Meeting will execute the proposal.
Note: 25% of Bonus Share from SLBBL for the fiscal year 2077/78.