APSWC officials hand over cheque to CM

APSWC officials hand over cheque to CM
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Highlights

Andhra Pradesh State Warehousing Corporation APSWC chairman LVSRK Prasad and the Managing Director, KV Satyanarayana met Chief Minister N Chandrababu Naidu and handed over a cheque for Rs 3 crore, a dividend for the year 201718 here on Wednesday

Vijayawada: Andhra Pradesh State Warehousing Corporation (APSWC) chairman LVSRK Prasad and the Managing Director, KV Satyanarayana met Chief Minister N Chandrababu Naidu and handed over a cheque for Rs 3 crore, a dividend for the year 2017-18 here on Wednesday.

On the occasion, Prasad and Satyanarayana explained to the chief minister that another cheque for Rs 3 crore dividend was given to Central Warehousing Corporation.

Speaking on the occasion, Prasad said that for the year 2017-18 the gross income of APSWC was Rs 114.49 crore with a net profit of Rs 31.14 crore and Rs 6 crore was paid to state government and the Central Warehousing Corporation.

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