Nepal Reinsurance Company Limited (NRIC) has announced that its 9th Annual General Meeting (AGM) is scheduled for the 17th of Jestha, 2081. The event will be held at Anupam Foodland And Banquet in Battisputali, Kathmandu, starting from 9:30 AM. One of the major points on the agenda is the approval of a 5% dividend for […]
In a recent financial disclosure, Himalayan Life Insurance Limited (HLI) unveiled its third-quarter fiscal report, revealing a 7.99% decrease in net profit compared to the same period last year. The company’s net profit dwindled to Rs. 43.54 crores, contrasting with the Rs. 47.32 crores recorded in the corresponding quarter of the previous fiscal year. Despite
Hydroelectricity Investment and Development Company Limited (HIDCL) has revealed its unaudited quarterly report for the third quarter of fiscal year 2080/81, highlighting a remarkable 7.92% surge in net profit compared to the previous year. The company achieved a net profit of Rs. 1.09 Arba during this period, showcasing its robust financial performance. As of the
Nirdhan Utthan Laghubitta Bittiya Sanstha Limited (NUBL) has revealed its third-quarter financial report for the fiscal year 2080/2081, unveiling a remarkable surge in net profit. The company reported an impressive 299.46% increase, with net profit soaring to Rs. 17.58 crores compared to Rs. 4.4 crores in the corresponding quarter of the previous year. While NUBL
IGI Prudential Insurance Limited (IGI) has announced its third-quarter financial results for the fiscal year 2080/2081, revealing a significant surge in net profit. The company’s net profit soared by 181.04% to Rs. 46.76 crores from Rs. 16.63 crores in the same quarter of the previous fiscal year, demonstrating robust performance and growth in the insurance
Sun Nepal Life Insurance Company Limited (SNLI) has announced impressive financial results for the third quarter of fiscal year 2080/2081, showcasing a notable surge of 11.06% in net profit. The company’s net profit rose to Rs. 49.36 crores from Rs. 44.45 crores in the corresponding quarter of the previous fiscal year. SNLI’s financial overview reflects
Chilime Hydropower Company Limited (CHCL) has unveiled its financial report for the third quarter of Fiscal Year 2080/81, providing insights into its performance during this period. Despite a 10.97% decrease in earnings, CHCL managed to achieve a commendable net profit of 47.09 Crores. Throughout the quarter, CHCL made significant investments totaling Rs. 6.14 Arba. Although
Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has unveiled its financial report for the third quarter of the fiscal year 2080/2081, showcasing a remarkable upsurge in performance. The company reported a notable 17.48% increase in net profit, soaring to Rs. 3.88 crores from Rs. 3.3 lakhs compared to the same quarter last year. The report highlights
The Nepal Stock Exchange (NEPSE) Index witnessed a decline of 1.23%, settling at 1,974.37 points at the close of trading today. This drop of 24.58 points follows a previous session’s loss of 7.31 points, reflecting fluctuations in the market. Starting at 1,998.45, the trading day saw ups and downs, with the index reaching an intraday
Super Madi Hydropower Limited (SMHL) has demonstrated remarkable financial strength in the third quarter of Fiscal Year 2080/81, showcasing an impressive surge in earnings amounting to Rs. 9.02 Crores. This turnaround marks a significant improvement from the net loss of 1.07 Crores reported during the same quarter last year. During this period, SMHL’s loans and
Buddha Bhumi Nepal Hydropower Company Limited (BNHC) has announced its intention to issue right shares at a ratio of 1:1.50 or 150%, as decided during the recent Board of Directors meeting. The meeting, held on Poush 20, 2080, endorsed the issuance of 150% right shares on the company’s paid-up capital of Rs. 40 Crore. Following
Jalpa Samudayik Laghubitta Bittiya Sanstha Limited (JALPA) has showcased impressive financial strength in the third quarter of Fiscal Year 2080/81, with a significant surge in earnings amounting to Rs. 62.81 Lakhs. This turnaround marks a remarkable improvement from the net loss reported during the same period in the previous fiscal year. Despite a slight decline
