Following the Q2 reports, Sun Nepal Life Insurance posted a profit of Rs. 6.53 crore with premium earning of Rs. 33.28 crore; Reliable Nepal Life Insurance shows Rs. 9.92 crore as net profit with EPS of Rs. 14.18
Wed, Feb 13, 2019 10:01 AM on Financial Analysis, Latest, Stock Market,
Sun Nepal Life Insurance Company (SNLICL) has published its unaudited financial report for the second quarter of the current fiscal year.
The profit has been reported as Rs 6.53 crore till the end of Poush month of this FY 2075/76. It is a decline from the previous year's corresponding quarter's profit of Rs 8.10 crore.
The insurance company collected Rs 33.28 crore as earnings from premium in the second quarter of FY 2075/76.
The paid-up capital of the company is Rs 1.40 arba with Rs 14.47 crore in the reserve and surplus. It has Rs 35.26 crore in the life insurance fund of the company. The company has sold 27,051 insurance policies till the end of review period.
Reliable Nepal Life Insurance Limited (RENLICL) has published its second-quarter report for the fiscal year 2075/76.
According to the unaudited data published today, the net profit of the company stands at Rs 9.92 crore in the Q2 of the FY 2075/76 which was Rs 6.31 crore in the corresponding quarter of the FY 2074/75.
The company’s earning from net premium is reported as Rs 49.75 crore in current FY which has increased from the previous year’s quarter of Rs. 6 crores. Similarly, the number of insurance schemes has increased to 3.24 lakh, which was 20.60 thousand in the previous year’s second quarter.
The paid-up capital stands at Rs 1.40 arba with Rs 27.34 crore in the reserves and surplus.
It's EPS stands at Rs 14.18 per share and net worth per share stands at Rs 119.53.
