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Tag: Impressive

Himalayan Re-Insurance's Net Profit Surges 99.73% on 154.65% Rise in Net Premiums; EPS Reaches Rs. 12.05 1
February 12, 2024

Himalayan Re-Insurance’s Net Profit Surges 99.73% on 154.65% Rise in Net Premiums; EPS Reaches Rs. 12.05

Business | Market | Economy

In the second quarter of the fiscal year 2080/81, HRL experienced a remarkable 154.65% rise in net premiums, reaching Rs. 1.99 Arba compared to the…

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NICL's Investment Income Boosts Net Profit Growth by 232.33%; EPS Reaches Rs. 60.55 3
February 12, 2024

NICL’s Investment Income Boosts Net Profit Growth by 232.33%; EPS Reaches Rs. 60.55

Business | Market | Economy

Nepal Insurance Company Limited (NICL) has released its report for the second quarter of fiscal year 2080/81, showing a significant rise in net profit by…

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SAHAS Urja (SAHAS) Achieves 112.33% Q2 Net Profit Surge, Generates Rs. 1.53 Arba from Power Sales 5
February 9, 2024

SAHAS Urja (SAHAS) Achieves 112.33% Q2 Net Profit Surge, Generates Rs. 1.53 Arba from Power Sales

Business | Market | Economy

Sahas Urja Limited (SAHAS) has released its unaudited report for the second quarter of FY 2080/81, revealing an impressive 112.33% surge in net profit. The…

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Life Insurance Companies in Nepal Achieve Remarkable Premium Collection of Rs. 61.75 Arba in the First Five Months of FY 2080/81 7
January 7, 2024

Life Insurance Companies in Nepal Achieve Remarkable Premium Collection of Rs. 61.75 Arba in the First Five Months of FY 2080/81

Business | Market | Economy

During the first fifth month of the fiscal year 2080/81, life insurance companies in Nepal achieved an impressive milestone by collecting a substantial amount of…

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Nepal Stock Exchange (NEPSE) Witnesses Significant Surge: A Comprehensive Analysis of Market Trends and Sector Performances 9
December 20, 2023

Nepal Stock Exchange (NEPSE) Witnesses Significant Surge: A Comprehensive Analysis of Market Trends and Sector Performances

NEPSE NEWS

In recent weeks, the Nepal Stock Exchange (NEPSE) has witnessed a substantial upward trend, particularly following the first quarterly monetary policy review on Mangir 22….

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In celebration of its 87th anniversary, Nepal Bank has undertaken various Corporate Social Responsibility (CSR) initiatives. One notable activity included the organization of a blood donation event at the bank's head office, where over 150 donors made valuable contributions, as highlighted in a media statement. The bank, with a significant nationwide presence, operates in 71 districts and boasts a workforce of more than 3600 employees. It maintains a network comprising 228 branches, 204 ATM outlets, and 58 extension counters. The bank reports a paid-up capital of 14.69 arba, with deposit collections amounting to Rs 2.44 kharba and a credit portfolio of Rs 1.84 kharba. Additionally, the reserve fund stands at Rs 21.88 arba, contributing to a Capital Adequacy Ratio (CAR) of 14.49%, as stated in the media release. These CSR activities and the bank's extensive reach and financial indicators underscore its commitment to both social welfare initiatives and maintaining a robust financial position in the banking sector. 11
November 17, 2023

In celebration of its 87th anniversary, Nepal Bank has undertaken various Corporate Social Responsibility (CSR) initiatives. One notable activity included the organization of a blood donation event at the bank’s head office, where over 150 donors made valuable contributions, as highlighted in a media statement. The bank, with a significant nationwide presence, operates in 71 districts and boasts a workforce of more than 3600 employees. It maintains a network comprising 228 branches, 204 ATM outlets, and 58 extension counters. The bank reports a paid-up capital of 14.69 arba, with deposit collections amounting to Rs 2.44 kharba and a credit portfolio of Rs 1.84 kharba. Additionally, the reserve fund stands at Rs 21.88 arba, contributing to a Capital Adequacy Ratio (CAR) of 14.49%, as stated in the media release. These CSR activities and the bank’s extensive reach and financial indicators underscore its commitment to both social welfare initiatives and maintaining a robust financial position in the banking sector.

Business | Market | Economy

In celebration of its 87th anniversary, Nepal Bank has undertaken various Corporate Social Responsibility (CSR) initiatives. One notable activity included the organization of a blood…

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"Global IME Bank Records Impressive Q4 FY 79-80: Core Business Growth Drives Rs. 7.25 Arba Net Profit" 13
August 6, 2023

“Global IME Bank Records Impressive Q4 FY 79-80: Core Business Growth Drives Rs. 7.25 Arba Net Profit”

Business | Market | Economy

  Global IME Bank Limited (GBIME) has released its fourth quarter report for the fiscal year 2079-80, revealing a significant rise in Net Profit to…

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Himalayan Reinsurance Limited Reports Impressive Q3 Results 15
June 13, 2023

Himalayan Reinsurance Limited Reports Impressive Q3 Results

IPO | FPO, Business | Market | Economy

Himalayan Reinsurance Limited (HRL) has released its third-quarter financial report for the ongoing fiscal year 2079/80, showcasing a net profit of Rs. 25.44 crores. This…

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NEPSE Index Gains 32.30 Points, Closes at 1,877.32 with 1.75% Increase 17
May 18, 2023

NEPSE Index Gains 32.30 Points, Closes at 1,877.32 with 1.75% Increase

NEPSE NEWS

The Nepal Stock Exchange (NEPSE) index concluded the trading day at 1,877.32, displaying a gain of 32.30 points compared to the previous closing, representing a…

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Taragaon Regency Hotel Reports Impressive Q3 Results with 476.52% Surge in Net Profit 19
May 14, 2023

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

Business | Market | Economy

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…

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Till the eighth month of FY 79/80, life insurance companies collected an impressive premium of Rs. 93.75 Arba. 21
March 29, 2023

Till the eighth month of FY 79/80, life insurance companies collected an impressive premium of Rs. 93.75 Arba.

Business | Market | Economy

Insurance companies are competing with one another to collect more premiums. Out of its 1.4 crore total active insurance policies, life insurance companies collected a…

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Rastriya Beema Company's Profit Increased by 92.57% in Q2 23
February 11, 2023

Rastriya Beema Company’s Profit Increased by 92.57% in Q2

IPO | FPO, NEPSE NEWS

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…

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