General Insurance in its Q2 report posts net profit of Rs. 1.29 crore; EPS and Net Worth per share are Rs. 3.69 and Rs. 102.18 respectively
Wed, Feb 13, 2019 11:18 AM on Financial Analysis, Latest, Stock Market,
General Insurance Company Nepal Limited (GICNL) has published the unaudited Q2 report for the FY 2075/76.
According to the report, the paid-up capital of the company stands at Rs. 70 Crore by the end of the second quarter. The company has reserves worth Rs. 1.52 Crore. The insurance fund stands at Rs. 1.69 Crore.
The long term investment of the company stands Rs. 5.25 crore in the current quarter. The company earned Rs. 5.16 Crore from premium. Net profits of the company stood at Rs. 1.29 Crore.
General Insurance has a total of 8,980 policies currently inforced. The company posted an annualized EPS of Rs. 3.69 and net worth per share of Rs. 102.18.
Highlights
|
Particulars (In Rs '000) |
General Insurance Company Limited
|
|
|---|---|---|
|
Q2 2075/76 |
Q1 2075/76 |
|
|
Paid Up Capital |
700,000.00 |
700,000.00 |
|
Reserve & Surplus |
15,242.79 |
11,780.27 |
|
Insurance Fund |
16,936.43 |
13,089.19 |
|
Long Term Investment |
52,500.00 |
45,000.00 |
|
Earnings from Premium |
51,559.48 |
14,795.40 |
|
Net Profit |
12,931.35 |
5,236.87 |
|
Total Inforce Policy count (No.) |
8,980 |
3,082 |
|
EPS (Rs.) |
3.69 |
3 |
|
Net Worth per Share (Rs.) |
102.18 |
103.74 |
