Kathmandu. Prabhu Insurance Company Limited has published its financial results for the first quarter of the fiscal year 2082/83. According to the company’s financial report, most of the company’s indices have risen.
The company has paid-up capital of Rs 1.70 billion and has special reserve of Rs 1.24 billion at the end of the review period. The amount in the disaster fund is Rs 10.34 crore. The company has Rs 14.05 crore in other equities.
During the review period, the company earned a net profit of Rs. 29.68 crores. The company had earned Rs 26.70 crore in the same quarter last year. The company’s total premium is 11 percent higher than the previous year.
Similarly, the company collected Rs 12.07 crore in net insurance premiums during the period. The company had posted a net premium of Rs 11.94 crore in the same quarter last year. Compared to the previous year, the company’s net premium has increased by 1 percent.
During the period, the company posted a net loss of Rs 6.31 crore. The company had posted a net profit of Rs 1,100 crore in the same quarter last year. The company’s profit increased by 12 percent compared to the previous year.
During the period, the company earned Rs 14.85 per share. The net worth per share is Rs 202.27.
