LGIL profit rises 24.29%, HGI profit increases 11.78%
Sun, May 17, 2015 12:00 AM on Others,
ShareSansar, May 17:
Lumbini General Insurance Company Limited (LGIL) has posted a 24.29% rise in profit for the third quarter of 2071/72.
The insurance company’s profit rose from Rs 3.25 crore in the Q3 of 2070/71 to Rs 4.03 crore in the Q3 of current fiscal year.
The company’s net earnings from premiums inched up slightly to Rs 28.67 crore from Rs 26.05 crore. LGIL managed to increase its policy holders to 80,466 by the end of this quarter from 73,455 in the last quarer.
The company has a paid up capital of Rs 26.53 crore. Its EPS stands at Rs 20.29 and net worth per share at Rs 151.42.
Likewise, Himalayan General Insurance Company Limited (HGI) has posted a 11.78% rise in net profit for the third quarter of 2071/72.
The insurance company’s profit rose from Rs 5.67 crore in the Q3 of 2070/71 to Rs 6.34 crore in the Q3 of current fiscal year.
The company’s net earnings from premiums inched up slightly to 17.51 crore from Rs 17.02 crore. HGI policy holders declined to 12,417 by the end of this quarter from 15,245 reported in the last quarter.
The company has a paid up capital of Rs 25 crore. Its EPS stands at Rs 20.29 and net worth per share at Rs 151.42.
The insurance company has a paid up capital of Rs 25 crore and its EPS stands at Rs 25.38 and it net worth is valued at Rs 199.18.
