Nepal Investment Mega Bank Limited (NIMB) has released its third-quarter report for fiscal year 2079/80, which shows a 22.96% increase in net profit. In the third quarter of fiscal year 2079/80, the bank’s profit grew to Rs 3.046 arba. Following the merger, the bank has a total paid-up capital of Rs. 34.12 Arba, reserves of Rs. 23.89 Arba, retained earnings of Rs 1.27 Arba, and a share premium of Rs 20.78 Crore.
Highlights:
- Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power’s Net Profit Company to Issue 50% Right Shares
- Everest Bank’s Q3 Highlights: Net Profit Increases by 62.63%, NII Stands at Rs 5.58 Arba &
- Supermai Hydropower earns a profit of Rs. 4.825 crores in the third quarter.
- Chilime Hydropower Company Limited reports a slight increase in net profit in Q3
- Rastriya Beema Company’s Profit Increased by 92.57% in Q2