Kathmandu. Himalayan Reinsurance last fiscal year 2081. The financial statements of 82 have been made public.
In the review year, the company earned a profit of Rs 1.39 billion. The company had posted a net profit of Rs 1.31 billion in the year-ago period. The company’s profit increased by 5.84 percent in the review period compared to the previous year.
In the last fiscal year, the company has accumulated Rs 3.12 billion in share premium. In the same period last year, the share premium stood at Rs 3.12 billion.
The company has a share capital of Rs 10.86 billion, special reserve of Rs 1.96 billion, disaster fund of Rs 198 million, retained earnings of Rs 827.6 million and other equities of Rs 184.8 million. In the previous fiscal year, the company had Rs 1.05 billion in special reserves, Rs 107 million in disaster fund, Rs 519.6 million in retained earnings and Rs 135.1 million in other equities.
In the review year, the company earned a total insurance premium of Rs 6.86 billion. In the same period last year, the company had earned a total insurance premium of Rs 5.84 billion. Compared to the previous year, the company’s total insurance revenue has increased by 17.34 percent in the review year.
In the last fiscal year, the company earned Rs 6.37 billion in net insurance premium. In the previous fiscal year, the company had earned Rs 5.43 billion in net insurance premium. Net insurance premium has increased by 17.45 percent in the review year compared to the previous year.
The company’s annual earnings per share (EPS) increased to Rs 12.79. Last year, the EPS was Rs 12.63. With a net worth of Rs 155.09 per share, the company has a PE ratio of 71.97 times.
