Saturday, June 13, 2009

Himalayan General Insurance Co. Ltd. to provide 5.26% Cash Dividend


Himalayan General Insurance Co. Ltd organized its 15th annual general meeting today (12 June, 2009). The meeting has decided to provide 5.26 % cash dividend amounting to Rs. 33, 15,789 to its shareholders. According to the financial report of fiscal year 2064/65, it had earned Rs. 6.685 million as a profit, where as it was Rs. 7.537 million during fiscal year 2063/64. During the year 2064/65, company had net worth of Rs. 100.098 million, 0.30 million units of shares, earning per share of Rs. 10.61 and market price per share Rs. 345. It has seven branches across Nepal.

According to the unaudited financial report of the first 9 month of the current fiscal year, it had collected 240 million as a premium from more than seven insurance products and invested RS. 190.26 million.
Source:
Jamb News Service

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