In the review period, the company earned a net profit of Rs 84.8 million compared to Rs 70.2 million of the last FY.
During the period, the company earned net insurance premium of Rs 519.9 million compared to Rs 456.6 million of the last FY. The company earned reinsurance commission of Rs 150.7 million and other income of Rs 35.7 million in the review period.
Sagarmatha Insurance has issued a total of 65,425 insurance policies and has earned a total insurance premium of Rs 1.08 billion.
Similarly, the company has paid Rs 189.2 million on 2,621 policies and has outstanding payment of Rs 817.9 million.
The company with Rs 538.2 million in paid-up capital has reserve fund of Rs 612.8 million, insurance fund of Rs 488.7 million and reserve fund of Rs 80.5 million.
Sagarmatha Insurance has net worth per share of Rs 319.62 and P/E ratio of 42.48 times.
