Kathmandu. National Life Insurance Company for the financial 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 28.68 crore in the first six months of the current FY. Previous fiscal year 2081. The company had posted a net profit of Rs 27.91 crore in the year ended December 18, 2018. The company’s net profit increased by 2.76 percent in the review year compared to the previous year. <\/p>\n
During the review period, the company had a share premium of Rs 2.78 crore, catastrophe fund of Rs 73.71 crore, retained earnings of Rs 40.79 crore and other equity of Rs 400 crore. As of mid-July of the previous year, the company had Rs 2.78 crore in share premium, Rs 70.75 crore in catastrophe fund, Rs 87.10 crore in retained earnings and Rs 43.37 crore in other equity. <\/p>\n
As of mid-January of the current FY, the company’s life insurance fund stood at Rs 97.56 billion. In the same period of the previous year, the life insurance fund was Rs 77.95 billion. The size of the life insurance fund of the company increased by 25.16 percent in the review period compared to the previous year. <\/p>\n
In the review period, the company earned a total income of Rs 11.11 billion. The company had posted a net profit of Rs 9.61 billion in the same period. The company’s total premium has increased by 14.44 percent compared to the previous year. <\/p>\n
The company has earned Rs 10.73 billion in net insurance premium till mid-January of the current FY. The company had posted a net profit of Rs 9.48 billion in the same period last year. The company’s net premium has increased by 13.15 percent compared to the previous year. <\/p>\n
The company’s earnings per share (EPS) has decreased to Rs 10.28 from Rs 5.69 billion. The EPS was Rs 10.75 a year ago. The company has a net worth of Rs 127.64 with a P\/E ratio of 56.13 times.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. National Life Insurance Company 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 earned a net profit of Rs 28.68 crore in the first six months of the current FY. Previous fiscal year […]<\/p>\n","protected":false},"author":16,"featured_media":159462,"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-287162","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\/287162","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=287162"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/287162\/revisions"}],"predecessor-version":[{"id":287163,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/287162\/revisions\/287163"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/159462"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=287162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=287162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=287162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}