Posted inBusiness | Market | Economy Himalayan Re-Insurance’s Net Profit Surges 99.73% on 154.65% Rise in Net Premiums; EPS Reaches Rs. 12.05 Posted by By Mero Share February 12, 2024 In the second quarter of the fiscal year 2080/81, HRL experienced a remarkable 154.65% rise…
Posted inBusiness | Market | Economy NICL’s Investment Income Boosts Net Profit Growth by 232.33%; EPS Reaches Rs. 60.55 Posted by By Mero Share February 12, 2024 Nepal Insurance Company Limited (NICL) has released its report for the second quarter of fiscal…
Posted inBusiness | Market | Economy SAHAS Urja (SAHAS) Achieves 112.33% Q2 Net Profit Surge, Generates Rs. 1.53 Arba from Power Sales Posted by By Mero Share February 9, 2024 Sahas Urja Limited (SAHAS) has released its unaudited report for the second quarter of FY…
Posted inBusiness | Market | Economy Life Insurance Companies in Nepal Achieve Remarkable Premium Collection of Rs. 61.75 Arba in the First Five Months of FY 2080/81 Posted by By Mero Share January 7, 2024 During the first fifth month of the fiscal year 2080/81, life insurance companies in Nepal…
Posted inNEPSE NEWS Nepal Stock Exchange (NEPSE) Witnesses Significant Surge: A Comprehensive Analysis of Market Trends and Sector Performances Posted by By Mero Share December 20, 2023 In recent weeks, the Nepal Stock Exchange (NEPSE) has witnessed a substantial upward trend, particularly…
Posted inBusiness | Market | Economy In celebration of its 87th anniversary, Nepal Bank has undertaken various Corporate Social Responsibility (CSR) initiatives. One notable activity included the organization of a blood donation event at the bank’s head office, where over 150 donors made valuable contributions, as highlighted in a media statement. The bank, with a significant nationwide presence, operates in 71 districts and boasts a workforce of more than 3600 employees. It maintains a network comprising 228 branches, 204 ATM outlets, and 58 extension counters. The bank reports a paid-up capital of 14.69 arba, with deposit collections amounting to Rs 2.44 kharba and a credit portfolio of Rs 1.84 kharba. Additionally, the reserve fund stands at Rs 21.88 arba, contributing to a Capital Adequacy Ratio (CAR) of 14.49%, as stated in the media release. These CSR activities and the bank’s extensive reach and financial indicators underscore its commitment to both social welfare initiatives and maintaining a robust financial position in the banking sector. Posted by By Mero Share November 17, 2023 In celebration of its 87th anniversary, Nepal Bank has undertaken various Corporate Social Responsibility (CSR)…
Posted inBusiness | Market | Economy “Global IME Bank Records Impressive Q4 FY 79-80: Core Business Growth Drives Rs. 7.25 Arba Net Profit” Posted by By Mero Share August 6, 2023 Global IME Bank Limited (GBIME) has released its fourth quarter report for the fiscal…
Posted inIPO | FPO Business | Market | Economy Himalayan Reinsurance Limited Reports Impressive Q3 Results Posted by By Mero Share June 13, 2023 Himalayan Reinsurance Limited (HRL) has released its third-quarter financial report for the ongoing fiscal year…
Posted inNEPSE NEWS NEPSE Index Gains 32.30 Points, Closes at 1,877.32 with 1.75% Increase Posted by By Mero Share May 18, 2023 The Nepal Stock Exchange (NEPSE) index concluded the trading day at 1,877.32, displaying a gain…
Posted inBusiness | Market | Economy Taragaon Regency Hotel Reports Impressive Q3 Results with 476.52% Surge in Net Profit Posted by By Mero Share May 14, 2023 The Taragaon Regency Hotel (TRH) has released its third-quarter report for the fiscal year 2079/80,…
Posted inBusiness | Market | Economy Till the eighth month of FY 79/80, life insurance companies collected an impressive premium of Rs. 93.75 Arba. Posted by By Mero Share March 29, 2023 Insurance companies are competing with one another to collect more premiums. Out of its 1.4…
Posted inIPO | FPO NEPSE NEWS Rastriya Beema Company’s Profit Increased by 92.57% in Q2 Posted by By Mero Share February 11, 2023 The earnings of Rastriya Beema Company Limited (RBCL) climbed by an astonishing 92.57% in the…
Posted inBusiness | Market | Economy National Life Insurance’s net profit increases by an astounding 57.70%. Posted by By Mero Share February 11, 2023 National Life Insurance Company Limited (NLICL) has released its second-quarter report for fiscal year 2079/2080,…