Kathmandu. Citizen Life Insurance Company has published its financial statements for the third quarter of the fiscal year 2082/83. According to the company’s financial report, the company has earned a profit of Rs 36 crore in the first half of the current FY. The company had posted a net profit of Rs 35.76 crore in the same period last year. The company’s net profit increased by 0.67 percent compared to the previous year.

At the end of the current FY, the company had a share premium of Rs 44.96 crore, a catastrophe fund of Rs 26.63 crore, retained earnings of Rs 470.9 crore and other equity of Rs 37.12 crore.

Similarly, the company has life insurance fund of Rs 24.55 billion. In the same period of the last FY, the life insurance fund was Rs 18.02 billion. The life insurance fund size of the company has increased by 36.27 percent in the review period compared to the previous year.

Similarly, the company has earned Rs 6.21 billion in insurance premiums in the first nine months of the current FY. The company had earned Rs 5.08 billion in total insurance premiums in the same period. The company’s total premium has increased by 22.38 percent.

The company’s capital has increased its paid-up earnings per share (EPS) to Rs 9.60 from Rs 5 billion at the end of mid-April. Last year, the EPS was Rs. 9.54. The company has a net worth per share of Rs 131.17 with a P/E ratio of 48.54 times.