Decrease
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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NLG Insurance reports a decrease in business volume and profitability in the second quarter.
NLG Insurance Company Limited (NLG) has released its second-quarter report for fiscal year 1979/80. The company reported a net profit of Rs 10.6 crore, compared to a net profit of Rs 11.4 crore in the same quarter last year. This quarter, NLG’s net profit increased by 3.63%. The company’s paid-up capital is Rs.1.32 arba, […]
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The NEPSE Index fell 60.88 points to close at 2,121.75.
The NEPSE index finished at 2,121.75 today, down 60.88 points from the previous trading day’s close. This is a 2.79% decrease. Yesterday, the index rose 12.45 points. Today’s opening price for the index is 2,181.2, which is also the intraday high. It dropped as low as 2,117.67 before closing at 2,121.75. Through 51,226 transactions, 253 […]
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A decrease in revenue and an increase in expenses resulted in a 36.41%
Himalayan Distillery Limited (HDL) has reported its second-quarter report with a decline in net profit by 36.41%. The net profit decreased to Rs. 29.42 Crores in this quarter from Rs. 46.27 Crores in the corresponding quarter of the previous year. In this quarter, HDL reported a decline in sales revenue by 18.00%. The revenue decreased to […]
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