Kathmandu. Star Micro Insurance Company last fiscal year 2081. The financial statements of 82 have been made public.
According to the financial statement, the company has earned a total insurance premium of Rs 154.5 million in the review year. In the previous fiscal year, the company had earned a total insurance premium of Rs 16.6 million. The total insurance premium has increased compared to the previous year.
In the last fiscal year, the company earned Rs 52.9 million in net insurance premium. In the same period last year, the company had earned a net insurance premium of Rs 4.95 million. Net insurance premium has also increased significantly compared to the previous year.
In the review year, the paid-up capital of the company was Rs 525 million, rs 2.16 million in special reserve and Rs 216,000 in disaster fund and retained earnings of Rs 2 million.
In the last fiscal year, the company had posted a net profit of Rs 5.3million. In the previous fiscal year, the company had posted a profit of Rs 1.78 million. Compared to the previous year, the company’s profit increased by 197 percent in the review year.
