Kathmandu. United Ajod Insurance was the last financial year 2082. The company has published its unrevised financial statements for the first quarter (July-September) of 2018.
According to the financial report, the company has incurred a loss of Rs 15.11 crore in the review period. Previous fiscal year 2081. The company had posted a loss of Rs 1.81 crore in the same period.
As of mid-September of the current fiscal year, the company has Rs 1.02 billion in special reserves, Rs 45.1 million in catastrophe fund and Rs 58.95 crore in other equities. In the same period of the previous year, the company had a special reserve of Rs 1.02 billion, a catastrophe fund of Rs 45.1 million, a retained earnings of Rs 100.6 million and other equity of Rs 60.61 crore.
The company has earned Rs 71.09 crore in insurance premiums till mid-September of the current fiscal year. The company had earned a net profit of Rs 58.05 crore in the same quarter last year. The company’s total premium has increased by 22.45 percent compared to the same period last year.
The company earned a net premium of Rs 24.55 crore in the review period. The company had posted a net insurance premium of Rs 19.30 crore in the same quarter last year. The company’s net premium has increased by 27.21 percent compared to the previous year.
The company has a paid-up capital of Rs 2.31 billion and net profit per share of Rs 26.18. Earnings per share was negative at Rs 3.46 a year ago. The net worth per share of the company is Rs 169.49.
