Kathmandu. NLG Insurance Company for the financial year 2082. It has published the unrevised financial statements for the third quarter (July-March) of 83 B.S. <\/p>\n
According to the financial report, the company has earned a net profit of Rs 3.48 crore till mid-April of the current FY. Previous fiscal year 2082. The company had posted a net profit of Rs 12.33 crore in the same period. The company’s profit decreased by 71.78 percent compared to the previous year. <\/p>\n
The company has a paid-up capital of Rs 2.66 billion with Rs 138.5 million in share premium, Rs 1.40 billion in special reserve, Rs 88.3 million in catastrophe fund, Rs 1.70 crore in retained earnings and Rs 23.95 crore in other equity. As of mid-July of the previous year, the company had invested Rs 27.19 crore in premium, Rs 1.39 billion in special reserve, Rs 8.65 crore in catastrophe fund, Rs 9.13 crore in retained earnings and Rs 17.66 crore in other equity. <\/p>\n
Similarly, the company’s insurance fund stood at Rs 4.60 billion in the review period. In the previous fiscal year, the insurance fund was Rs 3.32 billion. The size of the insurance fund has increased by 38.55 percent. <\/p>\n
During the review period, the company earned a net profit of Rs 2.72 billion. In the same period last year, the company earned a net profit of Rs. 1.87 billion. The company’s total premium has increased by 45.48 percent in the review period compared to the same period last year. <\/p>\n
The company has earned Rs 71.45 crore in net insurance premium till mid-April of the current fiscal year. Compared to the previous year, the net insurance premium has increased by 7.32 percent in the review period. The company had posted a net insurance premium of Rs 66.58 crore in the same period last year. <\/p>\n
The company’s annualized earnings per share (EPS) decreased to Rs 0.98. The EPS was Rs 6.57 in the previous year. The net worth per share of the company is Rs 170.93.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. NLG Insurance Company for the financial year 2082. It has published the unrevised financial statements for the third quarter (July-March) of 83 B.S. According to the financial report, the company has earned a net profit of Rs 3.48 crore till mid-April of the current FY. Previous fiscal year 2082. The company had posted a […]<\/p>\n","protected":false},"author":16,"featured_media":215529,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45159,45096],"tags":[71866],"class_list":["post-298983","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-news-en","category-non-lifeinsurance-en","tag-q32082-83-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/298983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=298983"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/298983\/revisions"}],"predecessor-version":[{"id":298984,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/298983\/revisions\/298984"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/215529"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=298983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=298983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=298983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}