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Subuthi Finance (SUBFINAN) was incorporated in 1992 as a private limited company. The company is presently engaged in the financial services operations and offers a diversified range of services which include corporate credit operations, investment banking operations, merchant banking operations and OTCEI operations. Corporate credit operations include leasing and hire purchase financing and syndication, bill discounting, promoter funding, bridge loan financing, loan syndication, ..etc. These services are provided to companies including Agritech Hatcheries & Foods, Damania Airways, Damania Pharma and Ravlon Pen Company. Investment banking operations include investing in shares and debentures of actively traded blue chip listed companies. Merchant banking operations include corporate advisory services on capital structuring of both equity and debt. The company has obtained dealership status from OTCEI and this has augmented the services offered by the company in merchant banking operations.
Financials
Subuthi Finance registered a steep drop of 92.16% in net profits of Rs 0.12 million for the quarter ended in March, 2007 from a profit of Rs 1.53 million for the quarter ended in March, 2006 Net Sales for the quarter declined 3.85% to Rs 0.25 million for the quarter ended March, 2007 from Rs 0.26 million for the quarter ended March, 2006. Total income dipped 94.13% to Rs 0.25 million, from Rs 4.26 million for the quarter ended March, 2006. The earnings per share (EPS) of the company stood at Rs 0.02 in the quarte... More.. |
