Latest News
Citizen Investment Trust Reports 13.7% Increase in Net Profit for FY 2081/82 Q4
Citizen Investment Trust (CIT) posted a net profit of NPR 125 crore in the fourth quarter of FY 2081/82, marking a 13.7% rise from the previous year. Total income grew by nearly 9%.
a year ago
Citizens Bank Navigates Profit Dip with Robust Interest Income Surge and Strategic Lending Growth
Citizens Bank International Limited posted a 2.08% drop in net profit to NPR 1.29 billion in FY 2081/82, as higher interest income was offset by a slight fall in operating profit and a rise in non-performing loans.
a year ago
Agriculture Development Bank Posts 43% Profit Growth Despite Drop in Interest Income
Agriculture Development Bank Limited recorded a 43.38% rise in net profit to NPR 4.15 billion in FY 2081/82, driven by higher operating profit and improved asset quality, even as interest income fell nearly 7%.
a year ago
NEPSE Declines for Second Consecutive Week as Turnover Drops Nearly 50%
NEPSE closed the week at 2,850.37, down 2.47%, marking its second straight weekly loss. Market turnover plunged 49%, reflecting reduced investor activity.
a year ago
Himalayan Life Insurance Secures Approval for Large Life Insurance Sector Mutual Fund
Nepal Securities Board has approved Himalayan Life Insurance to launch the HLI Large Cap Fund, a closed-end mutual fund worth NRs. 4 billion.
a year ago
Sopan Pharmaceuticals Limited Calls 16th AGM to Approve IPO Proposal and Amendments
Sopan Pharmaceuticals Limited has convened its 16th AGM on Bhadra 15 at Lalitpur’s Aangan Venue and Restaurant. The meeting will seek shareholder approval for the company’s proposed IPO
a year ago
Mid-Solu Hydropower Achieves Spectacular 490% Profit Surge, Setting New Benchmarks in Fiscal Year 2081/82
Mid-Solu Hydropower achieved a remarkable turnaround in fiscal year 2081/82, posting a net profit of NPR 132.1 million, a 490% increase from the previous year.
a year ago
Siddhartha Bank Reports 10.24% Profit Growth, Posts NPR 339.52 Crore Net Income in FY 2081/82
Siddhartha Bank posted a strong net profit of NPR 339.52 crore in fiscal year 2081/82, marking a 10.24% increase over the previous year.
a year ago
Rasuwa Gadhi Hydropower’s 68.42 Million Shares Lock-in Period Nears Expiry for Local Residents
The lock-in period for 68,42,100 shares of Rasuwa Gadhi Hydropower Company, allocated to local residents on 28th Bhadra 2079, is set to expire on 27th Bhadra 2082.
a year ago
NMB Laghubitta Bittiya Sanstha Ltd. Achieves Spectacular Turnaround with Robust Profit Surge and Strategic Capital Fortification
NMB Laghubitta Bittiya Sanstha Ltd. has successfully reversed its previous losses, posting a net profit of NPR 63.8 million in the fourth quarter of FY 2081/82.
a year ago
Samling Power Company Reports Impressive Turnaround, Posts Net Profit After Previous Loss
Samling Power Company Limited has shifted from a significant loss to a net profit of NPR 3.86 million in FY 2081/82.
a year ago
Nabil Flexi Cap Fund Declares 9% Dividend for FY 2081/82, Boosting Investor Returns
Nabil Flexi Cap Fund, managed by Nabil Investment Banking, announces a 9% cash dividend for fiscal year 2081/82. Unit holders registered by 22nd Shrawan are eligible
a year ago