Kathmandu. Shikhar Insurance for the financial year 2082. The company has made public the unrevised financial statements for the second quarter (July-December) of 83 B.S.
According to the financial report, the company has incurred a loss of Rs 4.47 crore in the first six months of the current FY. Previous fiscal year 2081. The company had posted a net profit of Rs 25.73 crore in the same period.
The company has a paid-up capital of Rs 2.92 billion and a total of Rs 1.91 billion in special reserve, Rs 16.11 crore in disaster fund, Rs 16.57 crore in retained earnings and Rs 580.3 million in other equity. As of mid-July of the previous year, the company had a special reserve of Rs 1.91 billion, a catastrophe fund of Rs 16.11 crore, retained earnings of Rs 210.4 million and other equity of Rs 598.3 million.
In the review period, the company earned a total income of Rs 2.16 billion in total insurance premiums. The company had posted a total insurance premium of Rs 2,0503 crore in the same quarter last year. The company’s total premium has increased by 5.42 percent compared to the previous year.
Similarly, the company has earned Rs 78.05 crore in net insurance premium during the period. The company had posted a net insurance premium of Rs 63.76 crore in the same period last year. Compared to the previous year, the company’s net premium has increased by 22.41 percent.
As of mid-January of the current FY, the company’s earnings per share (EPS) stood at Rs 3.06. The EPS was Rs. 19.39 in the previous year. The net worth per share of the company is Rs 196.64.
