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Unilever Nepal Limited has proposed a cash dividend of Rs 1,540 per share for shareholders. The book closure…Unilever Nepal Limited has proposed a cash dividend of Rs 1,540 per share for shareholders. The book closure is scheduled from Mangsir 9 to Mangsir 23, meaning those holding shares until Mangsir 8 are eligible for the dividend.
Today is the final day for Nepalese citizens working abroad to apply for the IPO of Him Parbat Hydropower. The…Today is the final day for Nepalese citizens working abroad to apply for the IPO of Him Parbat Hydropower. The company is issuing 422,500 shares at Rs 100 per share, with Citizens Capital acting as the issue manager and ICRA Nepal assigning a double B plus rating.
The number of stock brokers providing margin trading services has reached 20, with a combined potential…The number of stock brokers providing margin trading services has reached 20, with a combined potential lending capacity of around Rs 23 billion for the NEPSE market.
Several high-priced government-owned and state-backed companies, including Rastriya Beema Company, Bishal…Several high-priced government-owned and state-backed companies, including Rastriya Beema Company, Bishal Bazar, Nepal Reinsurance Company, and Upper Tamakoshi, have become ineligible for margin trading due to failure to meet regulatory criteria such as public share float and profit requirements.
NEPSE gained over 2 percent last week with a bullish trend, strong investor participation, and high trading…NEPSE gained over 2 percent last week with a bullish trend, strong investor participation, and high trading volume, though technical indicators suggest a potential short-term correction or consolidation due to profit booking near 2710 points.
National-level development banks reported a 113.23 percent increase in net profit, totaling Rs 1.67 billion in…National-level development banks reported a 113.23 percent increase in net profit, totaling Rs 1.67 billion in the first three months of fiscal year 2083/84. Lumbini Development Bank led with a net profit of Rs 327.1 million, followed by Muktinath Bikas Bank with Rs 322.4 million and Garima Bikas Bank with Rs 240.1 million.
Recent data from October shows that the introduction of broker margin loans injected up to Rs 23 billion into…Recent data from October shows that the introduction of broker margin loans injected up to Rs 23 billion into eligible fundamental stocks, pushing NEPSE above 2,700 points and causing a capital shift away from non-eligible speculative shares towards commercial banks and development banks like Lumbini Bikas Bank.
Standard Chartered Bank Limited reported a net profit of Rs 671.4 million for the first quarter of FY 2083/84…Standard Chartered Bank Limited reported a net profit of Rs 671.4 million for the first quarter of FY 2083/84, a slight decrease from Rs 692.1 million in the same period last year. Its EPS stood at Rs 26.74, while NPL increased to 1.83 percent during the review period.
Nepal SBI Bank Limited reported a net profit of Rs 552.2 million in the first three months of the fiscal year…Nepal SBI Bank Limited reported a net profit of Rs 552.2 million in the first three months of the fiscal year 2083/84, a 10.10% increase compared to the same period last year. Its earnings per share (EPS) stood at Rs 19.49.
Commercial banks earned a total net profit of Rs 19.13 billion in the first quarter, representing a 45.46%…Commercial banks earned a total net profit of Rs 19.13 billion in the first quarter, representing a 45.46% increase, though provisioning pressure left the overall sector with negative distributable profits of Rs 9.08 billion.
Siddhartha Bank Limited has published its un-audited financial results for the first quarter of the fiscal…Siddhartha Bank Limited has published its un-audited financial results for the first quarter of the fiscal year 2083/84, reporting a significant increase in net profit.
Muktinath Bikas Bank Ltd. reported a net profit of Rs 322.4 million for the review period, marking a 43.44…Muktinath Bikas Bank Ltd. reported a net profit of Rs 322.4 million for the review period, marking a 43.44 percent increase compared to the previous year. The bank's earnings per share reached Rs 16.12 with distributable profit exceeding Rs 615.6 million.
Agricultural Development Bank Limited (ADBL) reported a net profit of Rs 109.23 million in the first three…Agricultural Development Bank Limited (ADBL) reported a net profit of Rs 109.23 million in the first three months of fiscal year 2083/84, a 1803.71 percent increase compared to the same period last year. Its EPS stands at Rs 3.05.
Global IME Bank Limited reported a 24.49 percent increase in net profit, reaching Rs 2.31 billion for the…Global IME Bank Limited reported a 24.49 percent increase in net profit, reaching Rs 2.31 billion for the review period. The bank's earnings per share rose to Rs 23.35, with total deposits at Rs 690 billion and loans at Rs 471 billion.
An analysis of Q1 financial reports shows a sharp divide among commercial banks, with disciplined banks like…An analysis of Q1 financial reports shows a sharp divide among commercial banks, with disciplined banks like Everest Bank maintaining strong profits and low NPLs, while several merged banks face severe negative distributable reserves and surging bad loans totaling over Rs 37.59 billion in accumulated losses across five major banks.
Commercial banks earned a total net profit of Rs 19.14 billion in the first quarter of the fiscal year…Commercial banks earned a total net profit of Rs 19.14 billion in the first quarter of the fiscal year 2083/84, a 45.59% increase compared to the same period last year. Out of 20 banks, 17 reported increased profits while 3 saw declines.
Beni Hydropower Project Limited saw its share price surge by 101.05% last week, reaching Rs 709.70 by Friday's…Beni Hydropower Project Limited saw its share price surge by 101.05% last week, reaching Rs 709.70 by Friday's close compared to Rs 353 the previous week with positive circuits on all trading days.
Himalayan Bank Limited reported a 6.84 percent decrease in net profit to Rs 65.48 crore for the first quarter…Himalayan Bank Limited reported a 6.84 percent decrease in net profit to Rs 65.48 crore for the first quarter of the fiscal year, compared to Rs 70.28 crore in the same period last year. Its earnings per share stood at Rs 11.60 and non-performing loans rose to 7.98 percent.
Nepal Investment Mega Bank Limited (NIMB) reported a net profit of Rs 1.18 billion for the first quarter of…Nepal Investment Mega Bank Limited (NIMB) reported a net profit of Rs 1.18 billion for the first quarter of fiscal year 2083/84, with an earnings per share (EPS) of Rs 13.85.
Prime Commercial Bank Limited reported a net profit of Rs 1.18 billion for the first quarter of the fiscal…Prime Commercial Bank Limited reported a net profit of Rs 1.18 billion for the first quarter of the fiscal year, a 5.62% decrease compared to the same period last year. Its earnings per share (EPS) dropped to Rs 22.67, while non-performing loans rose to 7.15%. All figures are based on the un-audited quarterly financial report ending in Ashwin.