NLG Insurance AGM
Mon, Sep 10, 2012 12:00 AM on Others,
KATHMANDU, SEP 10:
NLG Insurance Co hosted its sixth annual general meeting (AGM) that approved the financials of fiscal year 2010-11. It was able to collect total insurance premium of Rs 660.48 million, net insurance premium of Rs 490.75 million, and earn a net profit of Rs 40.15 million in the fiscal year. It was able to increase its profit before tax by 44.87 per cent (Rs 60.16 million) and net profit by 87.18 per cent (Rs 4.21 million) as compared to fiscal year 2009-10.
Source: THT
