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GBLBS Reports Net Profit of Rs. 5.9 Crores in Q3 of FY 2079/2080 with Decreased Net Interest Income and Non-Performing Loans
Grameen Bikas Laghubitta Bittiya Sanstha Limited (GBLBS) has reported a net profit of Rs. 5.9 Crores in the third quarter of FY 2079/2080, marking a 79.19% decrease compared to the same quarter in the previous year. The company’s net interest income decreased by 26.48% to Rs. 67.31 Crores, while its borrowings decreased by 16.70% […]
Read MoreIGI and PICL Complete Merger, Forming IGI Prudential Insurance Limited with Total Paid-Up Capital of Rs. 3.02 Arba
The merger between IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) has been finalized, with the two companies agreeing to a 1:1 swap ratio and forming a new entity called “IGI Prudential Insurance Limited”. The merger has received final approval from the Nepal Insurance Authority and the Office of the Registrar of […]
Read More“National Hydro Power reports Q3 net loss of Rs. 2.29 Crores due to increased interest expenses; announces plans to issue 50% right shares”
In the third quarter (Q3) of the current fiscal year 2079/80, National Hydro Power Company Limited (NHPC) reported a net loss of Rs. 2.29 Crores, compared to a profit of Rs. 3.27 Crores in the corresponding quarter of the previous year. The company’s total revenue till the end of Q3 was Rs. 2.91 crores. However, […]
Read More“Ankhukhola Hydropower Sales Revenue Drops by 11.09% to Rs. 15.4 Crores, Net Worth Per Share Falls Below Par Value at Rs. 71.25”
Ankhukhola Hydropower Company Limited (AKJCL) has released their Q3 financial report for the FY 2079/80, revealing a significant decrease of 71.59% in net profit compared to the same quarter in the previous year, with the current net profit standing at Rs. 86.52 Lakhs. Total revenue up to the third quarter of FY 2079/079 has […]
Read MoreToday’s gold price falls by Rs. 500 per tola, while silver falls by Rs. 5.
Today’s gold price has dropped by Rs. 500 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading for Rs. 109,100 per tola. Yesterday, the tariff remained unchanged at Rs. 109,600 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 108,600. In contrast, the […]
Read MoreSupermai Hydropower earns a profit of Rs. 4.825 crores in the third quarter.
Supermai Hydropower Limited (SMH) reported a 41.20% decrease in net profit in the third quarter (Q3) of the current fiscal year 2079/80. Profit declined to Rs. 4.835 crores in this quarter from Rs. 8.22 crores in the previous year’s equivalent quarter.
Read MoreNRB’s 8.87% Development Bond 2085 ‘Chha’ has been listed on the NEPSE.
The Nepal Stock Exchange (NEPSE) has announced the listing of a new government bond, 8.87% Development Bond 2085 ‘Chha’. Nepal Rastra Bank issued the government bond. The 8.87% Development Bond 2085 ‘Chha’, with a face value of Rs. 10 Arba and a maturity period of 6 years, was issued on Chaitra 22, 2079. As a […]
Read MoreMenchhiyam Hydropower IPO has raised Rs. 92.58 crores as of the third day.
CDS & Clearing Limited (CDSC) has submitted the statistics of Menchhiyam Hydropower Limited’s public IPO collecting as of 10 a.m. today, Baisakh 06. Since the 4th of Baisakh, 2080, the corporation has been issuing 934,915 unit shares of Rs 100 face value as an Initial Public Offering to the general public. This issue’s early […]
Read MoreGold has dropped by Rs 800 per tola and is now trading at Rs 110,000.
In the domestic market today, fine gold is down Rs. 800 per tola, while tejabi gold is down Rs. 750 from yesterday’s pricing. Fine gold is now trading at Rs. 110,000 per tola, according to the Federation of Nepal Gold and Silver Dealers’ Association’s official website. Yesterday, the price per tola remained constant at Rs. […]
Read MoreNEPSE lost 0.14% on the first trading day of 2080, while intraday turnover remained at Rs. 97.45 crores.
The NEPSE index finished at 1,931.68 today, down 2.80 points from the previous trading day’s close. This is a 0.14% decrease. Last Thursday, the index fell 29.07 points. The index began today at 1,934.51 and reached an intraday high of 1,945.05. In comparison, it dropped as low as 1,918.52 before closing at 1,931.68. Through 33,149 […]
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