Nepal life insurance company limited (NLIC) has published second quarter report stated massive raise in net profit by 82.74% in the second quarter of this fiscal year 2074/75.
Its net premium earning rose to 7.14 arba from 4.85 abra in the last year.
As pr the published report, Nepal life insurance has posted net profit of 27.96 crore from 15.30 crore in the second quarter of last year.
Its paid up capital is 3.09 arba with reserves of 5.02 arba.
Company’s insurance fund rose to 45.63 arba from 35.17 arba in the Q2 of last year. It has maintained 32.53 crore in the disaster fund.
Its annualized earning per share is 18.06 & net worth per share is 272.93.
PE Ratio stands at 98.87 times
Also read: Prime life insurance posted rose Net profit by 218%
