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Business | Market | Economy

GBLBS Reports Net Profit of Rs. 5.9 Crores in Q3 of FY 2079/2080 with Decreased Net Interest Income and Non-Performing Loans 1
May 4, 2023

GBLBS Reports Net Profit of Rs. 5.9 Crores in Q3 of FY 2079/2080 with Decreased Net Interest Income and Non-Performing Loans

Business | Market | Economy

  Grameen Bikas Laghubitta Bittiya Sanstha Limited (GBLBS) has reported a net profit of Rs. 5.9 Crores in the third quarter of FY 2079/2080, marking…

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IGI and PICL Complete Merger, Forming IGI Prudential Insurance Limited with Total Paid-Up Capital of Rs. 3.02 Arba 3
May 4, 2023

IGI and PICL Complete Merger, Forming IGI Prudential Insurance Limited with Total Paid-Up Capital of Rs. 3.02 Arba

Business | Market | Economy

The merger between IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) has been finalized, with the two companies agreeing to a 1:1…

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Sanima Mai Hydropower reports 20.40% decline in net profit in Q3 of FY 2079/80 5
May 4, 2023

Sanima Mai Hydropower reports 20.40% decline in net profit in Q3 of FY 2079/80

Business | Market | Economy

Sanima Mai Hydropower Company Limited (SHPC) has reported a decline in net profit by 20.40% in the third quarter (Q3) of FY 2079/80. The company’s…

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SEBON issues Letters of Intent to 13 new broker companies who submitted license applications. 7
May 4, 2023

SEBON issues Letters of Intent to 13 new broker companies who submitted license applications.

Business | Market | Economy

The Securities Board of Nepal (SEBON) has initiated the process of granting new licenses for stock brokers and dealers. Following the revision of the Securities…

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Citizen Investment Trust reports 26.15% increase in net profit for Q3 FY 2079/80 9
May 3, 2023

Citizen Investment Trust reports 26.15% increase in net profit for Q3 FY 2079/80

Business | Market | Economy

Citizen Investment Trust (CIT) has released its unaudited report for the third quarter of the fiscal year 2079-2080, showing a significant increase in net profit….

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Citizens Capital Limited Closes "Citizens Super 30 Mutual Fund" Issue to General Public 11
May 3, 2023

Citizens Capital Limited Closes “Citizens Super 30 Mutual Fund” Issue to General Public

Business | Market | Economy, IPO | FPO

Citizens Capital Limited has announced the closure of its mutual fund scheme, “Citizens Super 30 Mutual Fund”, to the general public from 20th Baisakh, 2080….

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Chilime Hydropower Company Limited reports a slight increase in net profit in Q3 13
May 3, 2023

Chilime Hydropower Company Limited reports a slight increase in net profit in Q3

Business | Market | Economy

Chilime Hydropower Company Limited (CHCL) has released its third-quarter unaudited report, showing a 1.34% increase in net profit. In this quarter, the company’s profit increased…

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Upper Solu Hydro Electric Company Reports Net Profit of 1.08 Crores in Q3; Financial Expenses Increased By Huge Margin of 244.73% 15
May 2, 2023

Upper Solu Hydro Electric Company Reports Net Profit of 1.08 Crores in Q3; Financial Expenses Increased By Huge Margin of 244.73%

Business | Market | Economy

Upper Solu Hydro Electric Company Limited (USHEC) has released its unaudited third-quarter report for FY 2079/2080, reporting a net profit of Rs. 1.08 Crores, indicating…

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Allotment of 12 Crore Units of Siddhartha Investment Growth Scheme 3 Concludes; Only 67.15% Units Subscribed 17
May 2, 2023

Allotment of 12 Crore Units of Siddhartha Investment Growth Scheme 3 Concludes; Only 67.15% Units Subscribed

Business | Market | Economy

Siddhartha Capital Limited recently concluded the issuance of its closed-end mutual fund scheme, “Siddhartha Investment Growth Scheme 3”. The issue consisted of 12 crore unit…

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"National Hydro Power reports Q3 net loss of Rs. 2.29 Crores due to increased interest expenses; announces plans to issue 50% right shares" 19
April 30, 2023

“National Hydro Power reports Q3 net loss of Rs. 2.29 Crores due to increased interest expenses; announces plans to issue 50% right shares”

Dividend, Business | Market | Economy

In the third quarter (Q3) of the current fiscal year 2079/80, National Hydro Power Company Limited (NHPC) reported a net loss of Rs. 2.29 Crores,…

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NMB Laghubitta convenes endorses 10% bonus shares for its shareholders 21
April 30, 2023

NMB Laghubitta convenes endorses 10% bonus shares for its shareholders

Business | Market | Economy

NMB Laghubitta has held its 10th Annual General Meeting (AGM) on April 28, 2023, chaired by Sanjib Subba. During the meeting, the shareholders approved a…

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"Himalaya Urja Bikas Company Limited reschedules 22nd AGM with new agenda items" 23
April 30, 2023

“Himalaya Urja Bikas Company Limited reschedules 22nd AGM with new agenda items”

Business | Market | Economy

Himalaya Urja Bikas Company Limited (HURJA) has announced that its 22nd Annual General Meeting (AGM) will now be held on 9th Jestha, 2080. The meeting…

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