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Citizen Life Insurance’s income increased by 17.64 percent, net worth per share is Rs 148.71

nabil bank

Kathmandu. In the last fiscal year 2081/82, Citizen Life Insurance earned Rs 9.19 billion. In the fiscal year 2080/81, the company earned Rs 7.57 billion, which increased by 17.64 percent in the last fiscal year.

Despite the increase in total revenue, the company’s profit has declined. The company had posted a net profit of Rs 425 million in the last fiscal year. In the same period of the fiscal year 2080/81, the company’s profit was Rs 430 million.

According to the company’s fourth quarter financial statement of the last fiscal year, the company collected a total insurance premium of Rs 7.54 billion in the last fiscal year. In the previous fiscal year, the company had earned Rs 6.21 billion in insurance premium.

The company spent Rs 8.77 billion in the last fiscal year as compared to Rs 7.19 billion in the previous fiscal year.

The total liabilities of the company increased from Rs 14.97 billion in the previous fiscal year to Rs 20.65 billion in the last fiscal year. The company’s earnings per share is 8. The net worth per share is Rs 148.71.

Prabhu
sikhar insurance

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