Tag: Support

  • Support Laghubitta Bittiya Sanstha Limited (SMB) Reports Impressive Q2 Fiscal Performance with 246.82% Surge in Net Profit

    Support Laghubitta Bittiya Sanstha Limited (SMB) Reports Impressive Q2 Fiscal Performance with 246.82% Surge in Net Profit


    In the recently disclosed second-quarter fiscal report for the year 2080/2081, Support Laghubitta Bittiya Sanstha Limited (SMB) exhibited a remarkable financial performance, witnessing a substantial 246.82% increase in net profit. The net profit surged from Rs. 24.91 lakhs to Rs. 86.42 lakhs when compared to the corresponding quarter of the previous year. Despite a 5.39% decline in core revenue, specifically net interest income, which decreased to Rs. 2.93 crores from Rs. 3.1 crores in the same quarter last year, SMB managed to achieve noteworthy growth in its net profits.

    Borrowings for SMB experienced a significant uptick of 29.14%, reaching Rs. 1.28 Arba, and loans and advances also saw a substantial increase of 24.51%, reaching Rs. 1.7 Arba during this quarter. In terms of asset quality, the company reported impairment charges amounting to Rs. 8.47 Lakhs, but the non-performing loan (NPL) ratio decreased impressively from 3.53% to 1.54%.

    The financial structure of SMB revealed a paid-up capital of Rs. 95.24 crores, along with reserves and surplus standing at Rs. 5.4 crores. The annualized earnings per share (EPS) was reported at Rs. 18.15, and the net worth per share was recorded as Rs. 156.79. SMB’s stock traded at a price-to-earnings (P/E) multiple of 55.49 times during the period.

    The provided table summarizes key financial indicators, showcasing a comparison between the second quarters of 2080/81 and 2079/80. Notable figures include the company’s operating profit, which exhibited a substantial increase of 113.81%, and capital adequacy, which witnessed a decline of 11.70%. Furthermore, the cost of funds increased by 14.66%, and the annualized EPS displayed a remarkable surge of 212.45%. The market price at the end of the quarter stood at Rs. 1007.10.

  • Possibility of Nepse bouncing back from support level 1815-1855?

    Possibility of Nepse bouncing back from support level 1815-1855?


    Will this support level work again?

    View on r/NepalStock by Abhi_sshek

  • Thank you everyone for your support

    Thank you everyone for your support


    I posted few weeks ago about my website and your comments and suggestions helped us alot to improve our website. We provide data for free of company listed in NEPSE and our main motive is to simplify investment process. Do check our website sarallagani.com and please do provide me feedback of the website.

    View on r/NepalStock by ya_man_raj

  • 11% Bonus Shares of Support Laghubitta Listed in NEPSE

    11% Bonus Shares of Support Laghubitta Listed in NEPSE


    Support Laghubitta Bittiya Sanstha Limited (SMB) has successfully listed 94,380 unit bonus shares on the Nepal Stock Exchange (NEPSE). This development follows the company’s 8th Annual General Meeting (AGM) held on 4th Chaitra, where an 11.57894737% dividend for the fiscal year 2078/79 was endorsed. During the 189th board of directors meeting on Poush 29, it was decided to distribute the dividend on the paid-up capital of Rs. 8.58 crores. The proposal included 11% bonus shares valued at over Rs. 94.38 lakhs and a 0.57894737% cash dividend (including tax) worth over Rs. 4.96 lakhs.

    On the previous trading day, SMB closed at Rs. 940 per share.

  • Support Laghubitta’s Q3: Net Profit decreased by 42.33% to Rs 63.32 Lakhs, NPL decreased by 3.25%, and EPS decreased by 8.86%.

    Support Laghubitta’s Q3: Net Profit decreased by 42.33% to Rs 63.32 Lakhs, NPL decreased by 3.25%, and EPS decreased by 8.86%.


    Support Laghubitta Bittiya Sanstha Limited (SMB) has issued its unaudited financial report for Q3 of FY 2078/79, with a net profit of Rs 63.32 Lakhs, a decrease of 42.88%. Microfinance had a net profit of Rs 1.75 crore in the prior year’s similar quarter.

    It has received Rs 28.78 Crore in deposits, Rs 98.04 Crore in borrowings, and Rs 1.39 Arba in loans. The company’s paid-up capital is Rs 9.52 crore, and it has a reserve of Rs 3.65 crore.

    Net interest income was Rs 4.52 crore in the third quarter, down from Rs 5.42 crore in the previous year’s equivalent quarter. Operating earnings fall 65.7% to Rs 60.35 Lakhs.

  • Asian Life Insurance will support the 8.947% dividend.

    Asian Life Insurance will support the 8.947% dividend.


     

    Asian Life Insurance Company Limited (ALICL) has scheduled its 15th Annual General Meeting for the 18th of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day in Hotel Classic Simara, Bara.

    Among the other items on the agenda, the AGM will approve an 8.947% dividend of Rs. 26.01 crores for fiscal year 2078/79. The board of directors decided today (Falgun 30) to distribute 8.50% bonus shares and a 0.447% cash dividend (for tax purposes). The value of the bonus shares is Rs. 24.71 crores, and the cash dividend is slightly more than Rs. 1.30 crores. ALICL’s current paid-up capital is Rs. 2.90 Arba.

     

  • 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 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.

  • TU Registration Card Lost – How can I get a new one?

    TU Registration Card Lost – How can I get a new one?


    If you have the registration number,

    • visit the TU office in Balkhu,
    • Fill out a form
    • Pay NPR 200
    • Submit the form with the supporting docs (any other docs with the reg number written on it)
    • Wait for 5/10 minutes
    • The office will issue you a new TU registration card.
  • List of Companies With IPO Shares That Have Not Yet Been Listed on NEPSE; 9 Companies Are Also Planning an IPO

    List of Companies With IPO Shares That Have Not Yet Been Listed on NEPSE; 9 Companies Are Also Planning an IPO


    An initial public offering is the process by which a privately held company becomes a publicly traded company by selling its stock to the general public (IPO). An IPO allows a company to raise funds by selling ownership stakes to a diverse group of investors. It is a method for businesses to obtain public funding in order to support operations or grow.

    A company that wants to go public typically hires an investment bank to handle the IPO. The investment bank and the company will work together to determine the appropriate stock price and quantity to be distributed. Following that, the company will file a registration statement with the Securities and Exchange Commission (SEC) detailing its finances and other information.

     

  • Reminder! Last Day to Claim Deprosc Laghubitta’s Dividend and Support Laghubitta

    Reminder! Last Day to Claim Deprosc Laghubitta’s Dividend and Support Laghubitta


    The deadline for claiming dividends proposed by Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) and Support Laghubitta Bittiya Sanstha Limited (SLBS) is today (SMB).

    The 21st Annual General Meeting (AGM) of Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has been scheduled for Falgun 30, 2079. The meeting will take place at the Hotel Seven Stars in Sauraha, Chitwan.