Tag: net

  • Commercial banks profited Rs. 36 Arba until the end of the fiscal year in Magh.

    Commercial banks profited Rs. 36 Arba until the end of the fiscal year in Magh.


    Statistics reveals that commercial banks combined have achieved a total net profit of Rs. 36 Arba and 89 crores. Nabil Bank is the most profitable of the 22 commercial banks, with a net profit of Rs. 4 Arba and 13 crores. Similarly, NIC Asia Bank had a net profit of Rs. 3 Arba and 67 crores. Global IME Bank, on the other hand, has made a net profit of Rs. 3 Arba and 55 Crores. Agricultural Development Bank, on the other hand, has the lowest net profit of Rs. 10 crores.

    – With the successful merger of Global IME Bank and Bank of Kathmandu, the joint transaction in the name of Global IME Bank began on Poush 25, 2079.

  • Kantipur Television Network will hold its annual general meeting on Chaitra 17 and will issue public shares at a premium price.

    Kantipur Television Network will hold its annual general meeting on Chaitra 17 and will issue public shares at a premium price.


    Kantipur Television (KTV) is a private television station based in Kathmandu, Nepal. Kailash Sirohiya is the chairman and managing director. KTV, which debuted in July 2002, is licensed for both terrestrial and satellite transmission. Tinkune is the headquarters of Kantipur Television. On the 17th Chaitra, 2079, Kantipur Television Network Limited will hold its Special General Meeting (SGM). The meeting will begin at 1 PM in the company’s headquarters in Tinkune, Kathmandu.

     

  • Salt Trading Corporation’s net profit increased by 47.39% in the second quarter, to Rs 14.86 per share.

    Salt Trading Corporation’s net profit increased by 47.39% in the second quarter, to Rs 14.86 per share.


    Salt Trading Corporation Limited (STC) has released its second-quarter report for fiscal year 2079/2080, which shows a 47.39% increase in net profit. The company’s net profit increased to Rs. 1.88 crores in Q2, 2079/2080 from Rs. 1.27 crores in the previous year’s corresponding quarter.

    The company’s sales revenue (revenue from operations) fell by 1.63% in the second quarter to Rs. 3.45 Arba, down from Rs. 3.51 Arba in the previous year’s corresponding quarter. In contrast, the company’s other income has decreased to Rs. 1.7 Crores from Rs. 3.7 Crores during the same period last year.

     

  • Decrease in Sales Revenue and Increase in Finance Cost Results 33.12% Decline in Net Profit of Supermai Hydropower for Q2

    Decrease in Sales Revenue and Increase in Finance Cost Results 33.12% Decline in Net Profit of Supermai Hydropower for Q2


    The second quarter (Q2) of the current FY 2079/80 had a net profit decline of 33.12% for Supermai Hydropower Limited (SMHL). From Rs. 7.50 crores in the same quarter last year, the earnings dropped to Rs. 5.0184 crores this quarter.

    This quarter’s net profit decreased as a result of a fall in sales income and an increase in finance expenses.

    In this quarter, the company generated total revenue of Rs. 13.93 crores, a reduction of 6.27% over the same quarter of the previous year.

    With a share capital of 40 crore rupees, it has a reserve fund of 5.30 crore rupees. Its net worth per share is Rs 113.26, and its yearly earnings per share are Rs 25.09.

  • Higher Impairment Charges Caused a 67.92% Drop in Kalika Laghubitta’s Net Profit

    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. 1.66 crores. Net interest income (core revenue) has also decreased by 9.23% to Rs. 13.7 crores from Rs. 15.16 crores in the same quarter last year.

     

  • NLG Insurance reports a decrease in business volume and profitability in the second quarter.

    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, which is a 10% increase over the previous year. The reserves and surplus were Rs 34.16 crore as compared to Rs 36.59 crore in the previous quarter. The company’s insurance fund is worth Rs. 1.20 Arba, and the contingent fund is worth Rs. 6.2 Crores.

     

  • Sikles Hydropower Reports Q2 Sales Revenue of Rs 19.33 Crores

    Sikles Hydropower Reports Q2 Sales Revenue of Rs 19.33 Crores


     

    Sikles Hydropower Limited (SIKLES) has posted a net profit of Rs. 6.27 Crores in the second quarter (Q2) of the current FY 2079/80.

    The company reported a total income from power sales amounting to Rs. 19.33 crores in this quarter, and income from other sources amounting to Rs 5.26 Lakhs for the second quarter (Q2) for the Fiscal Year 2079/2080.

     

  • How to transfer balance in NTC

    How to transfer balance in NTC


    If you’re seeking for a simple way to transfer your NTC balance, you’ve come to the perfect location. We will lead you through the procedure step by step in this blog article. So, whether you want to top up your phone or transfer money to a buddy, we’ll teach you how to do it fast and easily.

    This post will show you how to quickly transfer your balance from NTC to NTC. We’ll also give you some pointers on how to get the most out of your NTC service.

    How To Transfer Balance In NTC

    You can transfer your balance in NTC in different ways. You can transfer your balance in NTC via different methods. We will discuss two methods in this blog post.

    You can transfer the NTC balance without a security code. And, also there is another way to transfer the balance where you have to provide your valid security code.

    How to Get the Security Code of NTC?

    To transfer balance NTC to NTC you have to require your security code. If you know the security code of the sender’s NTC card, You can proceed instant balance transfer to NTC. but, if you don’t know your security number, here is the complete guide on how you can get that.

    To Get the Security Code of NTC, follow this process:

    1. Open the messaging app on your phone.
    2. Type SCODE as content
    3. Send it to 1415
    4. Wait for the reply

    You’ll get an instant reply “Dear customer, your password is being reset.”

    After a few seconds you’ll get another reply from the telecom, “Dear Your Name, the password reset has been completed according to your request. Your new password is ********. If you need further support, please contact”

    “Our customer service staff –**-***-****   **:**:**”

    After receiving your security code for the NTC sim card, you can use this code to transfer the balance in NTC to NTC.

    Note: Your security code is always 8 digits long.

    NTC Balance Transfer Through USSD

    After you know your security code, follow these steps for a successful NTC balance transfer.

    1. Open the call-dialing keypad on your phone
    2. Type *422*
    3. Enter the security code
    4. Type *
    5. Now, enter the NTC number where you want to transfer the balance
    6. Type again
    7. Enter the amount you want to transfer
    8. Type #
    9. Now, press the call button

    Congratulations!! You have successfully transferred the balance.

    You’ll get a notification on your messaging app “*** Rupees has been successfully transferred to 98********”

    NTC Transfer Balance Via NT App

    You can transfer your balance in NTC via the NT App. To do this, you will need to have the NT App installed on your phone. Once you have the NT App installed, you will need to open it and sign in. Once you are signed in, you will see your balance at the top of the screen.

    You can download the NT app from the google play store and apple store. This is the best and fastest way to NTC balance transfer. You can transfer NTC balance without a security number.

    Follow this process to transfer the balance in NTC using NT App:

    1. Open the NTC app
    2. Click the Red Button that says Transfer Balance
    3. Enter the destined prepaid NTC mobile number
    4. Enter the amount you want to transfer
    5. Click OK
    6. The OTP will be asked and at the same time will be sent to your number.
    7. Validate the OTP

    You have successfully transferred the balance into the number!!

    You can do the process of NTC balance transfer using the NT App. NTC to NTC balance transfer can be done without a security code in NT App. If you want to transfer your NTC balance without a security code, use NT App Online. If you don’t have internet connectivity you can also use this app offline to transfer your NTC balance.

  • A decrease in revenue and an increase in expenses resulted in a 36.41%

    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 Rs. 2.76 Arba compared to the corresponding quarter of the previous year. On the other hand, the other income of the company has increased by 473.32% coming up to Rs. 61.46 Lakhs.

     

  • Nepal Telecom – NTC 5G Trial Commences in Nepal

    Nepal Telecom – NTC 5G Trial Commences in Nepal


    Nepal Telecom (NTC), the country’s state-owned telecoms operator, has officially launched its long-awaited 5G trial to commemorate the company’s 19th anniversary. Nepal Telecom, the country’s state-owned telecom operator, had previously postponed 5G testing due to a lack of a device ecosystem. To commemorate its 19th anniversary, the telco tested its 5G cellular network in Babarmahal and Sundhara.

    Spectrum

    The network deployed in the Kathmandu districts of Sundhara and Babarmahal is using the 60 MHz spectrum in the 2600 MHz band given by the government. The 2600 MHz band provides a good balance of speed and coverage. According to a Nepalitelecom report, the trials are not available to the public and are conducted internally.

    The initial trials, which were supposed to begin in January 2023, have already begun one month later than projected. Nepal Telecom’s July 2021 trials were canceled when a change in administration hindered the requisite spectrum allocation.

    Sunil Paudel, MD of Nepal Telecom (NTC), has formally declared the launch of the long-awaited 5G experiment. However, no official launch date for 5G has been announced, however, officials have stated that it “should launch shortly.” Managing Director Sunil Paudel noted in a progress update on the company’s planned 5G rollout that Nepal Telecom (NT) has yet to evaluate the capabilities of its present mobile infrastructure to handle commercial 5G services in the future.

    Non-Standalone 5G (NSA)

    Nepal Telecom Corporation (NTC) will begin its 5G testing using Non-standalone (NSA) architecture and subsequently advance to Standalone architecture (SA). By changing the basic software, the NSA allows the operator to launch its 5G network on its existing 4G LTE infrastructure. The business has already developed two 5G-ready sites in Babarmahal and Sundhara. NTC is now testing available 5G devices on the network in Babarmahal and Sundhara, having installed the essential equipment at both locations.

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

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


    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 period the previous year.

    According to the financial report released today, it made a net profit of Rs 37.41 crore in the second quarter of fiscal year 2079/80, up from Rs 19.43 crore in the same period of fiscal year 2078/79.

    While its net premium income climbed by 64.60% from Rs 12.88 Crore to Rs 21.21 Crore at the end of the second quarter of this year, its reinsurance commission revenue declined to Rs 9.4 Crore from Rs 9.9 Crore.

    It presently has Rs 3.57 Arba in reserve and Rs 2.85 Arba in insurance funds. It has a paid-up capital of Rs.26.66 Crore.

    Its earnings per share are Rs 280.67, its net worth per share is Rs 1439.77, and its P/E ratio at the end of the quarter is 14.25 times.

  • National Life Insurance’s net profit increases by an astounding 57.70%.

    National Life Insurance’s net profit increases by an astounding 57.70%.


    National Life Insurance Company Limited (NLICL) has released its second-quarter report for fiscal year 2079/2080, showing a 57.70% increase in Net Profit compared to the previous year’s equivalent period. The net profit of the firm climbed to Rs. 22.73 crores in this quarter from Rs. 14.41 crores in the previous quarter.

    National Life has a paid-up capital of Rs. 4.64 Arba and a reserve of Rs. 26.65 crores, according to the unaudited report for the second quarter issued today.

    The corporation has a life insurance policy worth Rs. 56.15 Arba and a contingency fund worth Rs. 37.20 crores.

    The Net Premium increased by 10.84% to Rs. 7.53 Arba in FY 2079/2080 from Rs. 6.79 Arba in the previous year’s equivalent quarter. The firm earned Rs. 2.12 arba through investment, loans, and other sources. NLICL reports a write-back for potential losses of Rs. 70.53 Lakh for this period.