Similarly, the company increased its reserve fund by 91 percent to Rs 171.8 million compared to Rs 89.9 million of review period the last FY. It also maintained Rs 328.9 million in life insurance fund.
However, its net profit decreased to Rs 64.4 million compared to Rs 80.2 million in the review period. The company also spent huge amount totaling Rs 67.5 million in insurance agent commission.
The company with Rs 1.54 billion in paid-up capital has EPS of Rs 8.37. during the period, the company paid Rs 1.9 million to three claims.
