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Infinity Laghubitta holds its sixth annual general meeting and approves the 20% dividend proposal to its shareholders. 1
Dividend

Infinity Laghubitta holds its sixth annual general meeting and approves the 20% dividend proposal to its shareholders.

On Falgun 14, 2079, Infinity Laghubitta held its sixth annual general meeting (AGM) for the fiscal year 2078–2079 under the direction of its chairman, Mr. Bala Ram Bista. The AGM has approved the board’s request to distribute 20% bonus shares worth Rs 8.29 crore to its shareholders from the profit it had generated in the […]

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Lumbini General Insurance recommends 0.36% in cash dividends and 6.99% in bonus shares. 3
Dividend

Lumbini General Insurance recommends 0.36% in cash dividends and 6.99% in bonus shares.

AGM approval of the merger with Sagarmatha Insurance and the proposal of 6.99% bonus shares and 0.3679% cash dividend for taxation purposes are both mentioned in the media release in addition to the usual financial reporting. According to the press release, the AGM authorized the board to carry out all merger-related responsibilities and approved the […]

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Sabaiko Laghubitta Approves 18.95% Dividend for Fiscal Year 2078/79 5
Dividend

Sabaiko Laghubitta Approves 18.95% Dividend for Fiscal Year 2078/79

Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) has scheduled its 6th Annual General Meeting on the 26th of Falgun, 2079. The conference would begin at 10 a.m. that day at the Marsyangdi River View Resort in Bandipur. Among the other items on the agenda, the AGM will approve an 18.95% dividend of Rs. 5.11 crores for […]

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Higher Impairment Charges Caused a 67.92% Drop in Kalika Laghubitta's Net Profit 7
NEPSE NEWS

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. 9
Dividend

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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Country's economic indicators are in jeopardy, and 8% economic growth 11
Business | Market | Economy

Country’s economic indicators are in jeopardy, and 8% economic growth

  According to Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel, indicators of the country’s economy are in jeopardy due to negative global economic impacts and challenges stemming from domestic causes. He did, however, state that he is constantly working to resolve the country’s economic problems. He made this statement during today’s House of […]

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Sikles Hydropower Reports Q2 Sales Revenue of Rs 19.33 Crores 13
IPO | FPO

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) […]

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How to transfer balance in NTC
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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 […]

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A decrease in revenue and an increase in expenses resulted in a 36.41% 16
Dividend

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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Mahalaxmi Life Insurance observes its 4th anniversary 18
Business | Market | Economy

Mahalaxmi Life Insurance observes its 4th anniversary

  Mahalaxmi Life Insurance observed its 4th anniversary on Magh 27, 2079 where the company is the youngest in the insurance sector has gone through a lot of ups and downs. The company has increased its paid-up capital by 50%, reserve by 60.7%, life insurance fund by 56.4%, investment portfolio by 29.5%, claim settlement by […]

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