Nepal Breaking NewsBusiness Life Insurance makes a profit of Rs 18.21 (Q3 Report)

Asian Life Insurance makes a profit of Rs 18.21 crores (Q3 Report)

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Based on the unaudited third for the current fiscal year 2077/78, the table below summarizes Asian Life Insurance Company’s financial highlights.

Asian Life Insurance Company Limited (ALICL): Financial Highlights for the Third Quarter of Fiscal Year 2077/78

Financial Indicators Q3, F.Y. 2077/78 Q3, F.Y. 2076/77 Percent Change
Paid-up   (Rs. ‘Arba’) 2.01 2.01 0.00
Reserve & Surplus (Rs. ‘Arba’) 0.73 0.49 48.98
Life Assurance Fund  (Rs. ‘Arba’) 25.42 20.14 26.22
Total Premium (Rs. ‘Arba’) 4.63 3.1 49.35
Net Premium (Rs. ‘Arba’) 4.59 3.09 48.54
Net Claim (Rs. ‘Arba’) 0.72 0.41 75.61
Total Investments  & Loans (Rs. ‘Arba’) 27.16 21.41 26.86
Management Expenses  (Rs. ‘Arba’) 48.29 39.47 22.35
Net Profit  (Rs. ‘’) 18.21 13.07 39.33
Number Of Policies 366,466 284,259 28.92
Earnings Per (Rs.) 12.08
Networth Per Share (Rs.) 140.84
Market Price Per Share (Rs.) [Chaitra end, 2077 BS] 1320
P/E Ratio 109.27

Please keep in mind that

The above figures are taken from the respective company’s unaudited quarterly report. When making investment decisions, investors should consider a variety of factors in to this article. After the final audit, the figures can change.

The share price and P/E ratio are calculated using data from the end of Chaitra in 2077. The figures can change at any time.

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