Kathmandu. Surya Jyoti Life Insurance Company Limited in the last fiscal year 2082. The company has made public the unaudited financial statements of 83 years.
According to the report, Surya Jyoti Life has earned a net profit of Rs 38.02 crore in the last FY. Previous fiscal year 2081. The company had posted a net profit of Rs 35.02 crore in 2018-19. The company’s net profit increased by 8.55 percent in the review year compared to the previous year.
In the review year, the company had a catastrophic fund of Rs 45.80 crore, retained earnings of Rs 60.92 crore and other equity of Rs 6.93 crore. In the previous year, the company had Rs 42 crore in catastrophe fund, Rs 92.36 crore in retained earnings and Rs 31.84 crore in other equity.
In the last fiscal year, the company’s life insurance fund stood at Rs 51.55 billion. In the previous fiscal year, the life insurance fund was Rs 41.60 billion. The life insurance fund size of the company has increased by 23.92 percent compared to the previous year.
In the review period of the current fiscal year, the company earned a total insurance premium of Rs 13.16 billion. Last year, the company earned Rs 11.35 billion in total premiums. The company’s total premium has increased by 15.94 percent compared to the previous year.
The company earned Rs 12.94 billion in net insurance premium in the review year. Last year, the company earned a net premium of Rs 11.18 billion. Compared to the previous year, the company’s net premium income increased by 15.73 percent.
The company’s annual earnings per share (EPS) has increased to Rs 7.59 from Rs 5.01 billion. The EPS was Rs 6.99 a year ago. The company has a net worth of Rs 122.68 with a P/E ratio of 54.44 times.
