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Om Finance reports 10.7 m operating profit

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REPUBLICA : Om Finance Company has earned an operating profit of Rs 10.7 million by mid October.



According to a press statement issued by the company, it has collected deposit worth Rs 3.99 billion till the period and has issued loan worth Rs 3.4 billion and earned Rs 10.8 million net profit. [break]



The company also said that its deposit has increased by 20 percent and it has issued 24 percent more loans compared to the same period last year thereby increasing its operating profit by 68 percent this year.



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