Reliable Nepal Life Insurance Collects Rs 3.01 Arba In Premium [Q4 Report]

August 11, 2021 | Investopaper

Reliable Nepal Life Insurance Company Limited has reported a rise in premium collection by 88 percent in the fiscal year 2077/78. As per the unaudited report, the company has collected Rs 3.01 Arba as the total premium, up from Rs 1.60 Arba of the corresponding period of the previous fiscal year.

The report is summarized in the table below:

Reliable Nepal Life Insurance: Fourth Quarterly Report Summary, FY 2077/78

Financial Indicators Q4, FY 2077/78 Q4, 2076/77 Percent Change
Paid-up Capital  (Rs. ‘Arba’) 1.4 1.4 0.00
Reserve & Surplus (Rs. ‘Arba’) 0.84 0.64 31.25
Life Assurance Fund  (Rs. ‘Arba’) 2.58 1.17 120.51
Total Premium (Rs. ‘Arba’) 3.01 1.6 88.13
Net Premium (Rs. ‘Arba’) 2.95 1.57 87.90
Net Claim (Rs. ‘Arba’) 0.67 0.3 123.33
Total Investments  & Loans (Rs. ‘Arba’) 5.21 3.56 46.35
Management Expenses  (Rs. ‘Arba’) 0.51 0.3 70.00
Net Profit  (Rs. ‘crores’) 22.59 21.43 5.41
Earnings Per Share (Rs.) 16.14
Net-worth Per Share (Rs.) 165.96
Market Price Per Share (Rs.) [Ashad end, 2078 BS] #
P/E Ratio

Source: Unaudited Q4 Report, FY 2077/78

#The company is yet to issue the shares to the general public. So, the share is not traded in the stock exchange and has no market price. Hence, P/E ratio couldn’t be computed. 


Note:

The above figures are based on the unaudited quarterly report published by the respective company. Investors are advised to take other things into consideration along with this report while making investment decisions. The numbers may vary after the final audit.

If you want to see the reports of other companies, Click Here.

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