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Taragaon Regency Hotel Reports Staggering 476.52% Surge in Net Profit for Q3 2079/80 1
Business | Market | Economy

Taragaon Regency Hotel Reports Staggering 476.52% Surge in Net Profit for Q3 2079/80

Taragaon Regency Hotel (TRH) has released its third-quarter report for the fiscal year 2079/80, showcasing a remarkable surge in Net Profit by 476.52% compared to the corresponding quarter of the previous fiscal year. The company has achieved an impressive Net Profit of Rs. 23.88 crores. TRH, the operator of Hyatt Regency Hotel, has also experienced […]

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RBB Merchant Banking Closes RBB Mutual Fund 2 Issue to General Public 3
IPO | FPO Business | Market | Economy

RBB Merchant Banking Closes RBB Mutual Fund 2 Issue to General Public

RBB Merchant Banking Limited has concluded the public offering of its mutual fund scheme, “RBB Mutual Fund 2,” on the specified date of 31st Baisakh. The offering, which initially opened on the 17th Baisakh and was intended to close on the 21st Baisakh, had been extended due to an insufficient number of applications. Out of […]

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Nepal Telecom's Q3 Report Highlights Stable Net Profit and Strong Financial Position 5
Business | Market | Economy

Nepal Telecom’s Q3 Report Highlights Stable Net Profit and Strong Financial Position

Nepal Telecom (NTC) Releases Q3 Report with Stable Net Profit, Increased Investments, and Strong Financial Position Nepal Doorsanchar Company Limited (NTC), commonly known as Nepal Telecom, has published its third-quarter report for the fiscal year 2079/80. The report reveals that the company has achieved almost similar figures in Net Profits compared to the corresponding quarter […]

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Taragaon Regency Hotel Reports Impressive Q3 Results with 476.52% Surge in Net Profit 7
Business | Market | Economy

Taragaon Regency Hotel Reports Impressive Q3 Results with 476.52% Surge in Net Profit

The Taragaon Regency Hotel (TRH) has released its third-quarter report for the fiscal year 2079/80, revealing a significant surge in Net Profit. Compared to the same quarter in the previous fiscal year, the company’s Net Profit has increased by an impressive 476.52%, amounting to Rs. 23.88 crores. TRH, the operator of Hyatt Regency Hotel, has […]

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Due to Violation of NRB's Guideline, 15% Dividend of RULB Canceled 9
Dividend

Due to Violation of NRB’s Guideline, 15% Dividend of RULB Canceled

Nepal Rastra Bank (NRB) Cancels Dividend Proposal of Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) The dividend proposal put forth by Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) has been canceled by the Nepal Rastra Bank. During the 86th meeting of the board of directors held on Baisakh 13, the company had proposed a 15% […]

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Nerude Laghubitta Bittiya Sanstha Limited reports a significant decline in net profit and increase in NPL for Q3 FY 2079/80 11
Business | Market | Economy

Nerude Laghubitta Bittiya Sanstha Limited reports a significant decline in net profit and increase in NPL for Q3 FY 2079/80

Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) has released its third-quarter report for FY 2079/2080, revealing a significant decline in net profit by 85.22%. According to the report, the net profit decreased to Rs. 3.15 crores, compared to Rs. 21.37 crores in the corresponding quarter of the previous year. The company’s borrowings decreased by 5.57% to […]

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NIC Asia Laghubitta Bittiya Sanstha Limited Reports 58.93% Decline in Net Profit for Q3 FY 2079/2080 13
Business | Market | Economy

NIC Asia Laghubitta Bittiya Sanstha Limited Reports 58.93% Decline in Net Profit for Q3 FY 2079/2080

NIC Asia Laghubitta Bittiya Sanstha Limited (NICLBSL) has released its third-quarter report for FY 2079/2080, indicating a significant decline in net profit by 58.93%. According to the report, the net profit dropped to Rs. 23.24 crore, compared to Rs. 56.60 crore in the same quarter of the previous year. The company’s borrowings decreased by 12.91% […]

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Bindhyabasini Hydropower Development Company Limited Reports a 48.81% Decrease in Q3 Net Profit Due to Machinery Breakdown 15
Business | Market | Economy

Bindhyabasini Hydropower Development Company Limited Reports a 48.81% Decrease in Q3 Net Profit Due to Machinery Breakdown

Bindhyabasini Hydropower Development Company Limited (BHDC) has published its Q3 report of FY 2079/80, reporting a 48.81% decrease in net profit. The company’s net profit has reached Rs. 6.41 crores in this quarter compared to Rs. 12.53 crores in the corresponding quarter of the previous year. The company’s total revenue stood at Rs. 21.02 crores, […]

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Last Day to be Eligible for Rights Offering of Himal Dolakha Hydropower Company Limited 17
Dividend Business | Market | Economy

Last Day to be Eligible for Rights Offering of Himal Dolakha Hydropower Company Limited

Himal Dolakha Hydropower Company Limited (HDHPC) is currently offering 12,000,000 unit right shares at a par value of Rs. 100. The rights issue has been approved by the Securities Exchange Board of Nepal (SEBON) and is being managed by Laxmi Capital Markets Limited. The current paid-up capital of the company is Rs. 1.60 Arba, and […]

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Garima Bikas Bank Distributes 13% Bonus Shares and Endorses 14.5% Dividend for Fiscal Year 2078/79 19
Dividend

Garima Bikas Bank Distributes 13% Bonus Shares and Endorses 14.5% Dividend for Fiscal Year 2078/79

Garima Bikas Bank Limited has distributed 13% bonus shares directly to the DEMAT account of its shareholders and has urged them to dematerialize their shares. This was announced after the bank’s 16th AGM where it also endorsed a 14.5% dividend worth Rs. 66.56 Crores for the fiscal year 2078/79. The board of directors meeting held […]

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