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BUSINESS BRIEFS: New Whirlpool refrigerators hit market

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KATHMANDU, Sept 20: Nepa Hima Trade Links, authorized distributor of Whirlpool appliances in Nepal, has launched ´IceMagic´, a new series of refrigerators, in the local market. According a press statement, the newly introduced series is an upgraded version of ´Fusion´ series which based on modern technology and includes several additional new features.



The new line of refrigerators comes with power cool zone, where water remains chilled for 12 hours even when there is no power. [break]The company claims that the refrigerators have fastest ice making capacity compared to the ones that are available now.



Prabhu Finance in Koteshwar



KATHMANDU
: Prabhu Finance company has opened its 35th branch office in Koteshwar of Kathmandu. The new office was inaugurated by Ambika Sharma, director of the finance company, according to a press statement issued by the company. With the addition of the new branch office, the finance company now has 10 branches in the Kathmandu Valley. The bank, which has a paid up capital of Rs 469.2 million, generated a net profit of Rs 96 million in the last fiscal year.



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