Weather Leverage
FROM
ISSUE #159 (22 AUG 2003 - 28 AUG 2003)
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It hasn't been a bad year for Nepal Lever Limited. The company reported a turnover of Rs 1,245 million with profits after taxes sitting at Rs 93.2 million for the fiscal year ending on 17 August 2003 (32 Asad 2060 BS). Although exports registered a slump due to adverse changes in the Indian budget of 2001, total company sales grew by one percent. However, domestic sales more than made up for that shortfall. The board has recommended a dividend of Rs 90 per share.
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