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
Himalayan Reinsurance Limited (HRL) has successfully listed 40,00,000 unit bonus shares on the Nepal Stock Exchange (NEPSE), following the endorsement of its 3rd Annual General Meeting (AGM) held on 20th Falgun, 2080. During the AGM, HRL approved a 4.21% dividend for the fiscal year 2079/80. In a significant move, the 55th board of directors meeting,
NEPSE witnessed a dynamic week of trading, encompassing four active trading days due to a midweek public holiday. The NEPSE Index concluded the week at 1,998.96, marking a notable gain of 33.03 points (1.68%) from the previous week’s close of 1,965.93, which experienced a slight decline of 0.31%. Throughout the week, the market exhibited considerable
Sun Nepal Life Insurance Company Limited has revealed its plan to issue right shares at a ratio of 1:0.27, totaling 1,06,96,320 units, priced at Rs. 100 each. Nepal SBI Merchant Banking Limited, a subsidiary of Nepal SBI Bank Limited, has been entrusted with the responsibility of managing the issuance and sale process. The agreement formalizing
Siddhartha Premier Insurance Limited (SPIL) has unveiled its third-quarter financial results for the fiscal year 2080/2081, showcasing a remarkable surge in net profit. The company’s net profit soared by 109.65% to Rs. 59.71 crores from Rs. 28.48 crores in the corresponding quarter of the previous fiscal year. With a paid-up capital of Rs. 1.4 Arba
