Kathmandu. The government’s dividend from public sector enterprises has shrunk.
Finance Minister Bishnu Poudel addressed a joint meeting of the Parliament today. He presented such data while presenting 81 economic surveys. “The government of Nepal from public institutions in the fiscal year 2079 BS. Rs. 80 A dividend of Rs 13.75 billion was received in the fiscal year 2080. Reduced to Rs. 81. It has been found that Rs 8.83 billion has been received,” poudel said, adding, “The dividend ratio compared to the total share investment in the fiscal year 2080 BS.” It is 2.4 percent in 81. ’
At present, there are 45 public sector enterprises operating in Nepal in various industrial, commercial, services, social, public utility and financial sectors. Of these, 20 are wholly government-owned and 25 are mostly owned by the government.
Of the companies in operation, 28 are profitable, 15 are in loss and two are closed. fiscal year 2080. The net profit of the public sector enterprises has reached Rs 42.62 billion in 2017-19. Which is 12.88 percent less than the last review period.
The net loss of the loss-making company is Rs 3.63 billion. Net profit of profit-making institutions declined by 11.50 percent compared to the previous fiscal year, while the net loss of loss-making institutions increased by 8.65 percent compared to the previous year.
Similarly, fiscal year 2080. The total assets of public sector enterprises increased by 2.20 percent from the previous fiscal year to Rs 29.10 billion. The total investment of the Government of Nepal in public sector enterprises has increased by 5.86 percent to Rs 703.93 billion at the end of the review period. In which the share investment is Rs. 364.86 billion and loan investment of Rs. It stands at Rs 339.7 billion.
According to the report, fiscal year 2080. The total operating income of the institute at 81 is Rs. It has reached Rs 660.15 billion. Which is the previous fiscal year 2079. It is 0.22 percent lower than 80. The ratio of operating income to GDP is 11.57 percent.
