Kathmandu. Himalayan Life Insurance Limited has published the revised financial statements for the fourth quarter of the last fiscal year. According to the insurance company’s statement, the net profit has decreased compared to the same period of the previous fiscal year.

At the end of the last fiscal year, the insurance company had earned a net profit of Rs 546.9 million. This is 13.71 percent less than the same period of the previous fiscal year. In the previous fiscal year, the company had posted a net profit of Rs 633.8 million.

During the review period, the insurance company’s net income insurance increased by 6.60 percent and total income increased by 12.04 percent. Similarly, the insurance company’s net claim payment increased by 9.15 percent and total expenditure by 8.12 percent.

Along with the profit, the earnings per share of the insurance company have also decreased. During the review period, the insurance company’s income decreased by Rs 1.92 to Rs 5.98. As of mid-July, the price-to-income ratio of the insurance company was 68.05 times and the net worth per share was Rs 111.20.

With a paid-up capital of Rs 9.14 billion, the insurance company has rs 465.9 million in disaster fund, Rs 702.9 million in retained earnings and Rs 144.3 million in other equities.