Kathmandu. Nepal Life Insurance Limited has published the revised financial statements for the fourth quarter of the last fiscal year. According to the company’s statement, the net insurance premium has increased by 18.84 percent compared to the same period of the previous fiscal year.

In the fiscal year 2080/81, the insurance company earned Rs 40.11 billion in net insurance premium, which reached Rs 47.66 billion in the last fiscal year. During the review period, the total income of the insurance company increased by 15.43 percent.

Along with insurance and income, the net profit of the insurance company has also increased. During the review period, the net profit of the insurance company increased by Rs 17.37 to Rs 603.2 million.

During the review period, the insurance company’s earnings per share increased by 42 paise to Rs 6.68. As of mid-July last year, the price-to-income ratio of the insurance company was 115.68 times and the net worth per share was Rs 136.75.

With a paid-up capital of Rs 9.02 billion, the insurance company has Rs 1.32 billion in disaster fund, Rs 1.24 billion in retained earnings and Rs 754.4 million in other equities.