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IME Life Insurance (ILI) Achieves Remarkable 96.14% Surge in Q2 Net Profit
IME Life Insurance Company Limited (ILI) has reported impressive financial results for the second quarter of the fiscal year 2080/2081, showcasing a significant 96.14% surge in net profit. The net profit rose from Rs. 11.96 crores to Rs. 23.47 crores compared to the same quarter last year. ILI’s financial overview reveals a strong foundation with […]
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Citizen Life Insurance (CLI) Posts 2.73% Increase in Q2 Net Profit, Revealing Robust Financial Performance
In the second quarter of the fiscal year 2080/2081, Citizen Life Insurance Company Limited (CLI) demonstrated positive financial performance, marked by a 2.73% increase in net profit. The net profit rose from Rs. 12.36 crores to Rs. 12.03 crores when compared to the corresponding quarter of the previous year. Citizen Life’s financial position revealed a […]
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Three Star Hydropower Limited (TSHL) Announces Conclusion of Lock-In Period for Mutual Fund Shares as per SEBON Directives
Three Star Hydropower Limited (TSHL) has officially notified its investors and stakeholders regarding the conclusion of the lock-in period for 36,938 unit shares held by Mutual Funds. This development aligns with the most recent directives issued by the Securities Board of Nepal (SEBON). The lock-in period for these shares, which commenced on Ashadh 19, 2080, […]
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Mountain Energy Nepal Limited (MEN) Records Marginal 1.63% Dip in Q2 Net Profit, Power Sales Revenue Slightly Decreases by 1.18%
In the second quarter of the fiscal year 2080/81, Mountain Energy Nepal Limited (MEN) experienced a marginal decline in net profit, registering a decrease of 1.63%. The net profit for this quarter amounted to Rs. 35 crores, down from Rs. 35.58 crores in the same quarter of the previous fiscal year. The company’s revenue derived […]
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Support Laghubitta Bittiya Sanstha Limited (SMB) Reports Impressive Q2 Fiscal Performance with 246.82% Surge in Net Profit
In the recently disclosed second-quarter fiscal report for the year 2080/2081, Support Laghubitta Bittiya Sanstha Limited (SMB) exhibited a remarkable financial performance, witnessing a substantial 246.82% increase in net profit. The net profit surged from Rs. 24.91 lakhs to Rs. 86.42 lakhs when compared to the corresponding quarter of the previous year. Despite a 5.39% […]
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Last Trading Day for Himalayan Everest Insurance Dividend – Act Now!
Investors of Himalayan Everest Insurance Limited (HEI) are urged to seize the opportunity as today marks the final day to avail the enticing 15% dividend proposed by the company. The decision was reached during the 317th board of directors meeting on Poush 25, where it was resolved to distribute dividends based on the paid-up capital […]
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Singati Hydro Energy: Offer Letter Published, Right Shares Issue Opens on Falgun 2
Singati Hydro Energy Limited (SHEL) is embarking on a new phase of expansion and growth with the issuance of its 100% rights shares, as outlined in its recently published offer letter. The company has opened the window for applications for these right shares in a generous ratio of 1:1 or 100%, accepting applications from 2nd […]
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Sanima GIC Insurance Limited: No Dividend Declared for FY 2079/80
Sanima GIC Insurance Limited (SGIC) has recently announced its decision to refrain from distributing dividends for the Fiscal Year 2079/80. The resolution was reached during the 134th Board Meeting of SGIC, held on Magh 10, 2080. The decision not to distribute dividends stems from a careful consideration of various factors and aligns with the […]
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Wean Nepal Laghubitta: No Dividend Distribution for FY 79/80
WNLB, as per the decision made during its recent Board Meeting on Magh 10, 2080, has opted not to distribute any dividends for the fiscal year 2079/80. This resolution is subject to the approval of the financial statements by the regulatory authority, Nepal Rastra Bank, and the forthcoming Annual General Meeting of the company. It’s […]
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Puwa Khola-1 Hydropower Partners with LS Capital for IPO Management
Puwa Khola-1 Hydropower Limited is set to make a significant market debut by appointing LS Capital Limited as the IPO issue and sales manager for its upcoming public offering. The hydropower company plans to release 19,46,660 ordinary shares to the general public, each carrying a face value of Rs 100. The strategic move towards IPO […]
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