Reports

Karnali Development Bank reports a net profit of Rs 1.7 crores in the third quarter. 1
Business | Market | Economy

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 […]

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Ganapati Laghubitta calls the 6th AGM and approves all financial reports. 3
Business | Market | Economy

Ganapati Laghubitta calls the 6th AGM and approves all financial reports.

  Ganapati Laghubitta held its 6th AGM on Chaitra 25, 2079, under the chairmanship of Ms. Archana Pradhan.   According to the media statement, the AGM approved all fiscal and other reports presented by microfinance officials.

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Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. 5
Dividend

Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend.

Prudential Insurance had its 21st Annual General Meeting (AGM) on Chaitra 16, 2079, under the chairmanship of Mr. Vishal Agrawal.   Apart from standard financial reports, the AGM approved a taxation proposal of 3.325% bonus shares and 0.17% cash dividend. According to the media announcement, the company’s paid-up capital would increase to Rs 1.22 arba.

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Infinity Laghubitta holds its sixth annual general meeting and approves the 20% dividend proposal to its shareholders. 7
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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Sabaiko Laghubitta Approves 18.95% Dividend for Fiscal Year 2078/79 9
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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NLG Insurance reports a decrease in business volume and profitability in the second quarter. 11
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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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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National Life Insurance's net profit increases by an astounding 57.70%. 15
Business | Market | Economy

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 […]

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Mountain Energy Nepal Reports Net Profit of Rs 35.55 Crores for Q2 17
Dividend

Mountain Energy Nepal Reports Net Profit of Rs 35.55 Crores for Q2

Mountain Energy Nepal Ltd reported a profit (after tax) of Rs. 35.55 crores in the second quarter. Profit decreased by 16.52% in this quarter. The profit in the previous corresponding quarter was Rs. 42.63 crores. Tadi Khola (5 MW) and Mistri Khola (42 MW) generate revenue from electricity sales, which are invoiced to Nepal Electricity […]

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Union Life Insurance convenes its 5th AGM; endorses 8.97% bonus shares 19
IPO | FPO

Union Life Insurance convenes its 5th AGM; endorses 8.97% bonus shares

Union Life Insurance Company held its 5th Annual General Meeting (AGM) for the fiscal year 2077-78 on Magh 26, 2079, under the leadership of its Board of Directors, Mr. Sandeep Kumar Agrawal. According to the media statement, the AGM approved the financial reports for the previous fiscal year and decided on the remuneration of its […]

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