The Druk Holding and Investment (DHI) companies decided to forgo bonus payment for employees and contributed about Nu 245 million (M) to the national resilience fund (NRF).
DHI’s chief executive officer, Dasho Karma Y Raydi, said the Covid-19 pandemic has severely impacted the national economy and the livelihood of people across the country.
He said they contributed Nu 1.5B to the Covid-19 relief fund last year and employees made a voluntary contribution of Nu 18M
“We decided to continue with the initiative this year too by forgoing bonus payments and contributing it to the NRF,” Dasho Karma Y Raydi said. “It is a humble contribution towards relieving pressure on His Majesty’s Kidu and Sungchob Funds and the NRF.”
He also claimed many companies of DHI continued with the relief measures and minimized the pandemic impacts on the ground.
When asked about the DHI companies’ financial performance, the CEO said that despite the pandemic, most of the companies have performed well.
He, however, said that except for those that are dependent on foreign or Indian markets like Drukair Corporation Limited and Dungsam Cement Corporation Limited, most companies improved their financial bottom lines as compared to the previous year.
DHI owns 10 companies and controls four companies.