Kathmandu. KATHMANDU: Sun Nepal Life Insurance Company (LIC) has published its third quarter unaudited financial results in the current FY.

The company has earned a profit of Rs 34.23 crore till mid-April of the current FY. The company’s net profit increased by 3.35 percent compared to the corresponding period of the previous FY. The company had posted a net profit of Rs 32.89 crore in the same period last year.

Similarly, the company’s life insurance fund increased by 25 percent to Rs 11.90 billion from Rs 9.51 billion in mid-April. The company’s net premium declined by 5 percent to Rs 3.52 billion from Rs 3.71 billion in mid-April.

Earnings per share fell to Rs 8.55 from Rs 11.07. The net worth per share of the company is Rs 141.38. The company has paid-up capital of Rs 5.28 billion and reserve fund of Rs 23.32 crore.