Second Quarter report of Sun Nepal Life Insurance; Massive rise of 211.87%

Wed, Feb 14, 2018 8:10 AM on Latest, Financial Analysis, Featured,
Sun Nepal Life Insurance Company Limited has published its Q2 report for the fiscal year 2074/75. The net profit of the company has increased by massive 211.87% as compared to the first quarter of the current fiscal year. SNLICL had net profit of Rs 2.60 crore in the second quarter of the fiscal year which has increased to Rs 8.10 crore. The insurance company has insurance fund of Rs 4.45 crore which was Rs 44.15 lakh in the previous quarter of the current year. The paid up capital of the company stands at Rs 1.40 arba with Rs 8.68 crore. It will be issuing IPO in the near future. Q2 Report