Tag: Report

  • “Sanima Bank Q4 FY 2079-80 Report: Net Profits Surge 25%, Distributable Profit per Share Soars to Rs. 17.73”

    “Sanima Bank Q4 FY 2079-80 Report: Net Profits Surge 25%, Distributable Profit per Share Soars to Rs. 17.73”


     

    Sanima Bank Limited (SANIMA) has released its fourth-quarter report for the fiscal year 2079-80, showcasing an impressive 25 percent rise in Net Profits. By the end of FY 2079-80, the bank achieved a significant milestone, earning Rs. 2.61 Arba, a substantial increase compared to the Rs. 1.24 Arba earned in the same quarter of FY 2078-79.

    The bank has seen remarkable growth in both Net Interest Income and Operating Profits, experiencing a substantial 39.50 percent and 27.96 percent increase, respectively. In the final quarter of FY 2079-80, Sanima Bank generated Rs. 6.48 Arba in core business revenue and Rs. 3.78 Arba in operating profit.

  • “Nabil Investment Banking’s Mutual Funds NAV Report for Ashad; Dividends Expected for Two Schemes”

    “Nabil Investment Banking’s Mutual Funds NAV Report for Ashad; Dividends Expected for Two Schemes”


     

    Nabil Equity Fund (NEF) has released its monthly Net Asset Value (NAV) report for the month of Ashad. The latest NAV is Rs. 10.82, showing an increase from the previous month’s Rs. 10.37. The fund, which started with a size of Rs. 1.25 Arba, has allocated Rs. 75.86 crores in shares of listed companies and Rs. 1.4 crores in non-listed shares. Additionally, it has invested Rs. 37.5 crore in fixed deposit schemes and Rs. 11.02 crore in debentures. NEF also holds Rs. 8.37 crores in bank balance.

     

  • “NIMB Ace Capital’s Mutual Funds NAV Report for Ashad; Dividends Expected for Two Schemes”

    “NIMB Ace Capital’s Mutual Funds NAV Report for Ashad; Dividends Expected for Two Schemes”


    NIBL Pragati Fund (NIBLPF), a 7-year closed-end mutual fund scheme, has reported an increase in its Net Asset Value (NAV) for the month of Ashad.

    The financial report reveals that the NAV of the mutual fund scheme has risen to Rs. 10.68 at the end of Ashad, 2080, compared to Rs. 10.28 in the previous month. The scheme began with a total fund of Rs. 75 crore and made investments of Rs. 49.40 crore in listed shares and Rs. 14.46 crore in public issues, right shares, and bonus shares. It also holds Rs. 15.35 crores in its bank balance.

     

  • “Siddhartha Capital’s NAV Report for Ashad”

    “Siddhartha Capital’s NAV Report for Ashad”


     

    The scheme started with a total fund of Rs. 1.50 Arba and made various investments. It invested Rs. 1.17 Arba in listed shares and Rs. 2.98 crores in public issues, right shares, and bonus shares. Additionally, it invested Rs. 6.54 crore in bonds and debentures and Rs. 12.5 crore in fixed deposits. The scheme also has Rs. 19.55 crores in its bank balance. Up until the month of Ashad, the scheme posted a net profit of Rs. 7.62 Crores. In the previous month, it incurred a net loss of Rs. 3.11 Crores.

  • Ghorahi IPO Blocked Money: Release Subject to Investigation Committee Report

    Ghorahi IPO Blocked Money: Release Subject to Investigation Committee Report


    The application fee that was held during the IPO process of Ghorahi Cement Industry Limited will be returned once the investigation committee completes its report. Tej Prasad Devkota, the Deputy Executive Director and Information Officer of SEBON, confirmed that the committee was recently established to investigate the matter.

     

  • Shubha Laxmi Kosh NAV Report: Fund Size at Rs. 28.14 Crores, Records Net Loss in Baisakh

    Shubha Laxmi Kosh NAV Report: Fund Size at Rs. 28.14 Crores, Records Net Loss in Baisakh


    The latest NAV report for “Shubha Laxmi Kosh,” an open-ended fund, has been released. As of the month of Baisakh, the fund size stands at Rs. 28.14 crores.

    The NAV for Baisakh is recorded at Rs. 9.26. Shubha Laxmi Kosh has invested Rs. 17.22 crores in listed shares and an amount of Rs. 488,276.89 in public issues, right shares, and bonus shares. Additionally, the fund has allocated Rs. 1.44 crores towards bonds/debentures, while the bank balance stands at Rs. 3.84 crores.

    The fund has reported a net loss of Rs. 2.08 crores in the month of Baisakh, compared to a net loss of Rs. 93.09 lakhs in the previous month. These figures provide an overview of the fund’s performance during the specified period, offering insights into the investments made and the financial outcome.

  • Shiva Shree Hydropower Limited Reports Q3 Net Loss

    Shiva Shree Hydropower Limited Reports Q3 Net Loss


    Shiva Shree Hydropower Limited (SSHL) has released its third-quarter report for the fiscal year 2079/80, revealing a net loss of Rs. 23.79 crores. In comparison, the company had incurred a loss of Rs. 28.90 crores during the corresponding quarter of the previous fiscal year.

    Despite reducing its administrative and other expenses by 46.03% to Rs. 3.36 crores up to the third quarter of the ongoing fiscal year, SSHL has witnessed an increase in financial expenses from Rs. 27.75 crores to Rs. 31.93 crores. This rise in financial expenses has adversely affected the company’s profitability.

    On a positive note, SSHL has achieved a 49.55% increase in revenue generation from the sale of electricity, amounting to Rs. 26.80 crores up to the third quarter of FY 079/80.

    SSHL maintains a paid-up capital of Rs. 1.47 Arba but has a negative reserve and surplus.

    However, the company’s earnings per share (EPS) ratio stands at a negative Rs. -16.12, and its net worth per share is below par at Rs. 59.73.

    According to the company’s management analysis, SSHL has not been able to improve liquidity and balance since the second quarter of FY 2079/80, which has negatively impacted its profitability.

    Furthermore, the company reports that its Upper Chaku A Hydropower Project, with a capacity of 22.2 MW, located in Bhote Koshi rural municipality of Sindhupalchok district, has commenced commercial operation from 2078/02/01.

  • Aviyan Laghubitta Bittiya Sanstha Limited (AVYAN) Reports Net Loss in Third-Quarter Results, Highlighting Financial Challenges

    Aviyan Laghubitta Bittiya Sanstha Limited (AVYAN) Reports Net Loss in Third-Quarter Results, Highlighting Financial Challenges


    Aviyan Laghubitta Bittiya Sanstha Limited (AVYAN) has recently released its third-quarter report, revealing a significant shift from profit to a Net Loss of Rs. 1.21 crores compared to the profit of Rs. 1.02 crores earned in the corresponding quarter of the previous fiscal year.

    The company’s core revenue source, Net Interest income, experienced a decline of 18.26%, amounting to Rs. 3.28 crores up to the third quarter of the ongoing fiscal year. This decrease in Net Interest income has adversely affected the profitability of AVYAN.

    One concerning aspect in the report is the substantial increase in Non-Performing Loans (NPL), which rose to 4.61% in the third quarter of FY 2079/80, compared to only 0.45% in the corresponding quarter of FY 2078/79. This rise in NPL has further impacted the company’s profitability.

    Another notable change is the doubling of the Cost of Funds, which reached 13.90% in Q3 of the ongoing fiscal year. This increase has added to the financial challenges faced by AVYAN.

    The staff expenses of the financial institution have witnessed a sharp spike of 94.13%, amounting to Rs. 5.31 crores up to the third quarter, in contrast to Rs. 2.73 crores in the corresponding quarter of the previous fiscal year. This surge in staff expenses has added to the financial burden of the company.

    AVYAN currently maintains a paid-up capital of Rs. 25 crores, with reserve and surplus funds amounting to Rs. 2.19 crores. However, the company reports a negative Earnings per Share (EPS) ratio of Rs. -6.50 and a Net Worth of Rs. 108.79.

    The closing price of AVYAN’s shares at the end of the third quarter of the ongoing fiscal year stood at Rs. 619.9. The third-quarter report highlights the challenges faced by AVYAN, with a significant shift from profit to a net loss and various financial indicators pointing towards a decline in performance.

  • Infinity Laghubitta Bittiya Sanstha Limited Reports Decreased Net Profit in Q3, with Decline in Core Revenue and Operating Profit

    Infinity Laghubitta Bittiya Sanstha Limited Reports Decreased Net Profit in Q3, with Decline in Core Revenue and Operating Profit


    Infinity Laghubitta Bittiya Sanstha Limited (ILBS) has released its third-quarter report for the current fiscal year, showing a decreased net profit of Rs. 1.38 crores. In the corresponding quarter of the previous fiscal year, the company had recorded a profit of Rs. 11.83 crores.

    The microfinance company’s net interest income, which is its core revenue, has decreased by 24.19% to Rs. 19.30 crores in the third quarter of the current fiscal year, compared to Rs. 25.47 crores generated in the same period of FY 2078/79.

    ILBS’s operating profit has experienced a significant decline of 88.48%, amounting to Rs. 1.94 crores up to the third quarter of the ongoing fiscal year. Additionally, the non-performing loan (NPL) of the company has nearly tripled, reaching 14.04%.

    Furthermore, minor fluctuations have been observed in the company’s deposits, borrowings, and personnel expenses, with changes of -1.02%, -6.32%, and 6.77% respectively, as indicated in the third-quarter report.

    Infinity Laghubitta maintains a paid-up capital of Rs. 49.74 crores, along with Rs. 17.96 crores in the form of reserve and surplus, which includes reserves and retained earnings.

    The company’s earnings per share (EPS) ratio is lower at Rs. 3.70, while the net worth per share stands at Rs. 136.11.

    At the end of the third quarter, the company’s closing price was Rs. 644.90.

  • Nepal Telecom’s Q3 Report Highlights Stable Net Profit and Strong Financial Position

    Nepal Telecom’s Q3 Report Highlights Stable Net Profit and Strong Financial Position


    Nepal Telecom (NTC) Releases Q3 Report with Stable Net Profit, Increased Investments, and Strong Financial Position

    Nepal Doorsanchar Company Limited (NTC), commonly known as Nepal Telecom, has published its third-quarter report for the fiscal year 2079/80. The report reveals that the company has achieved almost similar figures in Net Profits compared to the corresponding quarter of the previous fiscal year. In Q3, NTC recorded a Net Profit of Rs. 5.41 Arba, which is slightly lower than the Rs. 5.43 Arba achieved in the same quarter of FY 2078/2079.

    However, the company’s income from other sources has seen a notable increase of 35.78%, reaching Rs. 5.86 Arba in the third quarter of the current fiscal year, compared to Rs. 4.31 Arba in the previous fiscal year.

    While the administrative expenses of the company have risen by 16.25% to Rs. 89.87 crores during Q3 of this fiscal year, NTC has successfully reduced its operating and maintenance expenses by 13.65% to Rs. 5.28 Arba, as opposed to Rs. 6.12 Arba during the corresponding quarter of FY 2078/79.

    NTC has also made significant increments in its investments, which now amount to Rs. 72.66 Arba, including both long-term and short-term investments.

    With a paid-up capital of Rs. 18 Arba and reserves and surplus of Rs. 75.47, Nepal Telecom stands in a robust financial position.

    The company maintains an Earning per Share (EPS) of Rs. 40.09 and was traded at a Price per Earnings Ratio of 20.40 times.

  • Jeevan Bikas Laghubitta Bittiya Sanstha Limited Reports a 46.1% Decline in Net Profit in Q3 FY 2079/2080

    Jeevan Bikas Laghubitta Bittiya Sanstha Limited Reports a 46.1% Decline in Net Profit in Q3 FY 2079/2080


    Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB), a microfinance company in Nepal, recently released its third-quarter report for the fiscal year 2079/2080. The report indicated a decline in net profit by 46.1% to Rs. 32.92 crore compared to the same period in the previous year, which was Rs. 61.09 crore. The company attributed the decline in net profit to the COVID-19 pandemic, which affected its business operations and borrowers’ repayment capabilities.

    Despite the decline in net profit, JBLB showed some positive trends in other areas. The company’s borrowings decreased by 8.02% to Rs. 8.70 Arba, while deposits increased by 4.85% to Rs. 10 Arba. This increase in deposits could be due to increased trust and confidence from depositors in the company’s financial stability and sound management practices.

    Furthermore, JBLB’s loans and advances decreased by 41.19% to Rs. 22.45 Arba. This reduction could be due to the company’s cautious approach in lending and disbursement amid the pandemic, which has created financial uncertainties for many of its borrowers. However, this decline in loans and advances could also impact the company’s future growth and profitability, as it relies heavily on its loan portfolio.

    The net interest income (core revenue) decreased by 5.54% to Rs. 1.19 Arba compared to the corresponding quarter of the previous year. The company may have experienced a reduction in interest income due to the decrease in loans and advances, as well as the decrease in the lending rate amid the pandemic.

    Despite the decline in net profit, JBLB’s paid-up capital increased to Rs. 1.18 Arba, and its reserve increased by 14.96% to Rs. 1.09 Arba in this quarter. This increase in paid-up capital and reserve indicates the company’s ability to attract investments and retain earnings, which could help boost its future growth and stability.

    JBLB’s annualized earnings per share (EPS) stood at Rs. 37.14, while its net worth per share is Rs. 261.45. The company is currently trading at a P/E multiple of 40.53 times, indicating that investors may have confidence in the company’s long-term prospects, despite the short-term challenges brought on by the pandemic.

    In conclusion, Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) reported a decline in net profit for the third quarter of FY 2079/2080, largely due to the impact of the COVID-19 pandemic. However, the company showed some positive trends, such as an increase in deposits and paid-up capital, which could help support its future growth and profitability.

  • Global IME Balanced Fund 1 and Mega Mutual Fund 1 Release Last Month’s NAV Report

    Global IME Balanced Fund 1 and Mega Mutual Fund 1 Release Last Month’s NAV Report


     

    The “Global IME Balanced Fund – 1 (GIBF1)” NAV report for Chaitra has been released.

    The “Global IME Balanced Fund – 1” is a closed-end fund with a 10-year maturity horizon. The fund size of Global IME Balanced Fund – 1 is Rs. 1.02 Arba.