IME Life Insurance has reported a profit of Rs. 23.47 crores

Artha Kendra Artha Kendra
आइतबार, १४ माघ २०८०, ७:४५ PM
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IME Life Insurance has reported a profit of Rs. 23.47 crores until the second quarter of the current fiscal year, marking a significant growth of 96.14% compared to the same period last year.

The company's attractive returns from investments and income generated from premiums and loans contributed to this impressive financial performance. The company's total revenue from investments and loans reached NPR 63.92 crores, showing a substantial increase of 85.53% from the previous year. 

Furthermore, the company's retained earnings stand at NPR 4 billion, with a net worth per share of NPR 177.27. The per-share net income has also improved, reaching NPR 11.94 from NPR2.64, reflecting a 351.51% increase. The P.E. ratio of the company is  47.29 Times.

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