Skip to content
Shikhar Insurance
National Life

IME Life’s net profit increased by 10.49 percent, what is the total insurance premium?

Hyundai
NCELL
NIMB

Kathmandu. IME Life Insurance Company Limited has made public the unaudited financial statements for the third quarter of the current fiscal year.

The company has earned a net profit of Rs 366.3 million as of mid-Chait of the current fiscal year. This is 10.49 percent more than the same period of the previous fiscal year. The company had earned a net profit of Rs 331.5 million in the same period of the previous fiscal year.

During the review period, the company has earned a total insurance premium of Rs 3.739 billion. In the same period of the previous year, the company had earned a total insurance premium of Rs 3.291 billion. The company’s total insurance premium income increased by 13 percent compared to the same period last year.

As of the review period, the company’s share capital is Rs 5 billion, retained earnings are Rs 425.6 million, disaster fund is Rs 229.8 million, and other equity is Rs 454.2 million.

Similarly, the company’s EPS is Rs 9.77 paisa, PE ratio is 47.33, and net worth per share is Rs 132.67, according to the details.

GBIME

प्रतिक्रिया दिनुहोस्