Kathmandu. Life Insurance Corporation (LIC Nepal) for the fiscal year 2082. The company has made public the unrevised financial statements for the second quarter (July-December) of 83 B.S. <\/p>\n
According to the financial report, the company has earned a net profit of Rs 22.45 crore in the first six months of the current FY. Previous fiscal year 2081. The company had posted a net profit of Rs 14.17 crore in the year ended December 1982. The profit of the company increased by 58.36 percent compared to the previous year. <\/p>\n
During the review period, the company had a net profit of Rs 49.80 crore in premium, Rs 75.54 crore in catastrophe fund, Rs 2.49 billion in retained earnings and Rs 34.48 crore in other equity. As of mid-July of the previous year, the company had invested Rs 498 million in share premium, Rs 73.29 crore in catastrophe fund, Rs 3.45 billion in retained earnings and Rs 394.1 million in other equities. <\/p>\n
The company’s life insurance fund stood at Rs 139.88 billion as of mid-January of the current fiscal year. In the same period of the previous year, the life insurance fund was Rs 127.27 billion. The life insurance fund size of the company increased by 9.90 percent in the review period compared to the previous year. <\/p>\n
In the review period, the company has earned a total income of Rs 10.22 billion. The company had earned Rs 9.45 billion in insurance premiums during the same period. The company’s total premium has increased by 8.13 percent compared to the previous year. <\/p>\n
The company has earned Rs 10.18 billion in net insurance premiums till mid-January of the current FY. The company had earned a net premium of Rs 9.40 billion in the same period last year. Compared to the previous year, the company’s net premium has increased by 8.24 percent. <\/p>\n
The company’s earnings per share (EPS) has increased to Rs 8.17 from Rs 5.50 billion. The EPS was Rs 5.38 in the previous year. The company has a P\/E ratio of 104.51 times and a net worth per share of Rs 174.41.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Life Insurance Corporation (LIC Nepal) for the fiscal 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 earned a net profit of Rs 22.45 crore in the first six months of the current FY. Previous fiscal […]<\/p>\n","protected":false},"author":16,"featured_media":232935,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45152,45159],"tags":[57950],"class_list":["post-287122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-life-insurance-en","category-news-en","tag-lifeinsurancecompany-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/287122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=287122"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/287122\/revisions"}],"predecessor-version":[{"id":287123,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/287122\/revisions\/287123"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/232935"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=287122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=287122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=287122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}