Tag: High

  • Karnali Development Bank reports a net profit of Rs 1.7 crores in the third quarter.

    Karnali Development Bank reports a net profit of Rs 1.7 crores in the third quarter.


    Karnali Development Bank Limited (KRBL) has released its unaudited quarterly report for the fiscal year 2079/80’s third quarter.

    The firm recorded a net profit of Rs. 1.7 crores, compared to a net loss of Rs. 1.92 crores in the same period last year.

    When compared to the same quarter last year, the company’s deposits fell by 2.11% to Rs.4.40 Arba, while loans and advances increased by 2.84% to Rs.3.39 Arba. The company’s CAR is now 10.20%, down from 11.12% earlier.

    The bank has Rs. 50.28 crore in paid-up capital. At this capital, the bank’s EPS is Rs. 4.60, and its net worth is Rs. 118.20.

  • NEPSE: Plunged 18.80 points today to settle at 1,885.60 levels, with intraday turnover remaining at Rs 82.85 crores.

    NEPSE: Plunged 18.80 points today to settle at 1,885.60 levels, with intraday turnover remaining at Rs 82.85 crores.


    The NEPSE index finished at 1,885.60 today, down 18.80 points from the previous trading day’s close. This is a 0.99% loss. Last Thursday, the index fell 15.73 points.

    The index began today at 1,904.94 and reached an intraday high of 1,906.66. In contrast, it dropped as low as 1,881.15 before closing at 1,885.60.

    Through 31,415 transactions, 265 scrips changed hands. A total of 2,734,307 shares were traded, totaling Rs. 82.85 crores in turnover. This is less than the previous day’s turnover of Rs. 98.33 Crores.

  • Goodwill Finance’s net profit drops by 86.68%.

    Goodwill Finance’s net profit drops by 86.68%.


    In the third quarter ending Chaitra 2079 (FY79/80), Goodwill Finance Limited’s net profit plummeted by 86.68 percent to Rs 1.99 crore, compared to Rs 15 crore the previous year.

    The decrease in Net Profit is attributable to a variance in other operating income, which has decreased by 46.29% due to an increase in Impairment charges and staff expenditures in this quarter.

    In the third quarter, its net interest income (NII) increased by 57.73 percent to Rs 31.5 crore. Similarly, the Capital Adequacy Ratio (CAR) was 13.46 percent, with Earnings per Share (EPS) falling to 2.82 percent.

  • Janaki Finance’s net profit falls by 70.76%.

    Janaki Finance’s net profit falls by 70.76%.


    Janaki Finance Limited (JFL) reported a 70.76 percent decrease in net profit in the third quarter (Q3) of fiscal year 2079/80.

    According to a report released today by the financing company, its net profit fell to Rs 1.53 crore in the third quarter from Rs 5.24 crore in the previous quarter.

    In Q3, Janaki Finance had a paid-up capital of Rs 69.04 crore and reserves of Rs 29.82 crore. The firm also has Rs. 19.5 crores in negative retained earnings.

    JFL has collected Rs 3.34 arba in deposits and has issued Rs 2.62 arba in loans and advances.

    On the other side, the company’s NPL has climbed by a staggering 391.67% to 23.60%.

  • NEPSE Ends the Week with a 1.55% Loss with a Turnover of Rs 4.6 Arba.

    NEPSE Ends the Week with a 1.55% Loss with a Turnover of Rs 4.6 Arba.


    This week’s NEPSE index finished at 1,904.40, a loss of 30.07 points (1.55%). Last week, the index finished at 1,934.47, up 3.63% from the previous week.

    This week, the index reached a high of 1,944.58 and a low of 1893.33, resulting in a 51.25 point volatility. The prior week’s volatility on the index was 148.11 points.
    The largest intraday loss was 23.63 points on Monday with a transaction of Rs 0.92 Arba, however the overall turnover for the week was Rs 4.62 Arba.

  • The NEPSE Index falls 15.73 points to close at 1,904.40; all sectors end in the red.

    The NEPSE Index falls 15.73 points to close at 1,904.40; all sectors end in the red.


     

    The NEPSE index closed at 1,904.40 today, down 15.73 points from the previous trading day’s close. This is a 0.82% decrease. Yesterday, the index rose 15.13 points.

    The index opened today at 1,918.49 and reached an intraday high of 1,928.76. In contrast, it dropped as low as 1,902.15 before closing at 1,904.40.

     

  • Nepal Investment Mega Bank Earns Rs 3.04 Arba in Net Profit in Q3

    Nepal Investment Mega Bank Earns Rs 3.04 Arba in Net Profit in Q3


     

    Nepal Investment Mega Bank Limited (NIMB) has released its third-quarter report for fiscal year 2079/80, which shows a 22.96% increase in net profit. In the third quarter of fiscal year 2079/80, the bank’s profit grew to Rs 3.046 arba. Following the merger, the bank has a total paid-up capital of Rs. 34.12 Arba, reserves of Rs. 23.89 Arba, retained earnings of Rs 1.27 Arba, and a share premium of Rs 20.78 Crore.

     

  • Everest Bank’s Q3 Highlights: Net Profit Increases by 62.63%, NII Stands at Rs 5.58 Arba &amp

    Everest Bank’s Q3 Highlights: Net Profit Increases by 62.63%, NII Stands at Rs 5.58 Arba &amp


     

    Everest Bank Limited (EBL) has released its third-quarter report for fiscal year 2079/2080, which shows a 62.63% increase in net profit. The net profit of the bank has improved from Rs. 1.51 Arba in the third quarter of fiscal year 2078/2079 to Rs. 2.46 Arba in the third quarter of fiscal year 2079/2080.

    After PL Appropriation and Regulatory Adjustments, the bank’s distributable profit in the same period is Rs 3.36 arba.

     

  • Imports and exports both fell in the first nine months of fiscal year 1979/80.

    Imports and exports both fell in the first nine months of fiscal year 1979/80.


     

    The foreign trade figures for Nepal for the first nine months of fiscal year 2079/80 have been released. According to government data released on Thursday, Nepal’s trade deficit reduced by 17.06 percent to Rs. 10.83 Kharba from Rs. 13.06 Kharba the previous year.

     

  • Market Roundup: NEPSE Increases in the Double Digits With Rs 87.21 Crores in Volume

    Market Roundup: NEPSE Increases in the Double Digits With Rs 87.21 Crores in Volume


     

    The NEPSE index closed at 1,920.12 today, up 15.13 points from the previous trading day’s close. This represents a 0.79% increase. Yesterday, the index fell 3.07 points.

    Today, the index began at 1,903.36 and closed at 1,903.28. In contrast, it reached a high of 1,924.40 before settling at 1,920.12.

  • Increased Impairment Charges Contributed to 8.81% RSDC Laghubitta’s net profit falls in the third quarter; NPL rises to 1.37%

    Increased Impairment Charges Contributed to 8.81% RSDC Laghubitta’s net profit falls in the third quarter; NPL rises to 1.37%


    RSDC Laghubitta Bittiya Sanstha (RSDC) has released its third-quarter report for FY 2079/2080, which shows an 8.81% decrease in Net Profit. According to the company’s report, net profit fell to Rs. 8.69 crores from Rs. 9.43 crores in the previous year’s similar period.

    The company’s distributable profit after PL Appropriation and Regulatory Adjustments was Rs 5.63 crores in the third quarter.

    On the other hand, the company’s borrowings climbed by 32.42% to Rs. 5.93 Arba, up from Rs. 4.47 Arba in the same quarter last year. In this quarter, the company’s loans and advances to cooperatives climbed by 24.60% to Rs. 6.71 Arba.

  • NEPSE drops just 0.16% to settle at 1,904.98.

    NEPSE drops just 0.16% to settle at 1,904.98.


    The NEPSE index finished at 1,904.98 today, down 3.07 points from the previous trading day’s close. This is a 0.16% decrease. Yesterday, the index dropped 23.64 points.

    The index began today at 1,905.96 and reached an intraday high of 1,911.51. In comparison, it dropped as low as 1,892.82 before closing at 1,904.98.

    24429 transactions involved 266 scrips. A total of 2,975,920 shares were traded, totaling Rs. 87.04 crores in turnover. This is less than the previous day’s turnover of Rs. 92 Crores.