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Higher Impairment Charges Caused a 67.92% Drop in Kalika Laghubitta’s Net Profit
Kalika Laghubitta Bittiya Sanstha (KMCDB) released its second-quarter report for FY 2079/2080, which showed a 67.92% decrease in net profit. According to the company’s report, net profit fell to Rs. 2.69 crores from Rs. 8.40 crores in the previous year’s corresponding quarter. The decrease in growth profit is primarily due to impairment charges totaling Rs. […]
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Country’s economic indicators are in jeopardy, and 8% economic growth
According to Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel, indicators of the country’s economy are in jeopardy due to negative global economic impacts and challenges stemming from domestic causes. He did, however, state that he is constantly working to resolve the country’s economic problems. He made this statement during today’s House of […]
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How to transfer balance in NTC
If you’re seeking for a simple way to transfer your NTC balance, you’ve come to the perfect location. We will lead you through the procedure step by step in this blog article. So, whether you want to top up your phone or transfer money to a buddy, we’ll teach you how to do it fast […]
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Nepal Telecom – NTC 5G Trial Commences in Nepal
Nepal Telecom (NTC), the country’s state-owned telecoms operator, has officially launched its long-awaited 5G trial to commemorate the company’s 19th anniversary. Nepal Telecom, the country’s state-owned telecom operator, had previously postponed 5G testing due to a lack of a device ecosystem. To commemorate its 19th anniversary, the telco tested its 5G cellular network in Babarmahal […]
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Rastriya Beema Company’s Profit Increased by 92.57% in Q2
The earnings of Rastriya Beema Company Limited (RBCL) climbed by an astonishing 92.57% in the second quarter of fiscal year 2079/80 compared to the same period the previous year. According to the financial report released today, it made a net profit of Rs 37.41 crore in the second quarter of fiscal year 2079/80, up from […]
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National Life Insurance’s net profit increases by an astounding 57.70%.
National Life Insurance Company Limited (NLICL) has released its second-quarter report for fiscal year 2079/2080, showing a 57.70% increase in Net Profit compared to the previous year’s equivalent period. The net profit of the firm climbed to Rs. 22.73 crores in this quarter from Rs. 14.41 crores in the previous quarter. National Life has a […]
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Chhimek Laghubitta Core Business Revenue Rises By 28.13% in Q2
Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) published the second-quarter report of FY 2079/2080 with a rise in Net Profit by 11.56%. As per the report published by the mChhimek Laghubitta Bittiya Sanstha Limited (CBBL) reported an 11.56% increase in Net Profit in the second quarter of FY 2079/2080. According to the microfinance company’s report, net profit […]
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Union Life Insurance convenes its 5th AGM; endorses 8.97% bonus shares
Union Life Insurance Company held its 5th Annual General Meeting (AGM) for the fiscal year 2077-78 on Magh 26, 2079, under the leadership of its Board of Directors, Mr. Sandeep Kumar Agrawal. According to the media statement, the AGM approved the financial reports for the previous fiscal year and decided on the remuneration of its […]
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Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power’s Net Profit Company to Issue 50% Right Shares
Ridi Power Company Limited (RIDI) reported a 95.81% decrease in net profit in the second quarter (Q2) of the current fiscal year 2079/80. Profit declined to Rs. 1.96 crores in this quarter from Rs. 46.98 crores in the previous year’s equivalent quarter. In this quarter, the firm recorded total income of Rs. 18.92 crores, a […]
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Trading of Vijaya Laghubitta (VLBS) Suspended as the Company Declares Dividend By Violating NEPSE Guidelines
The Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) transaction has been halted, according to the official notice of the Nepal Stock Exchange (NEPSE), since the business declared dividends to be given to shareholders without first receiving authorisation from NEPSE. At 6:35 PM on Magh 25, after business hours, Nepal Stock Exchange received the letter from VLBS […]
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