NLG Insurance Announces No Dividend Payment for Previous FY

Jul 17, 2019 01:05 PM Merolagani



NLG Insurance has announced of distributing no dividend for the previous FY despite earning a noticeable profit.

In the previous FY, the company earned Rs 247.6 million in net profit. However, it required to maintain various reserve and provisions under the format of Nepal Financial Report System (NFRS) as per IB.

Although the company is not distributing any dividend, it is issuing 60 percent right shares in a bid to meet the minimum paid-up capital.

 

 




Gold Price Declines, Silver Gains

May 10, 2026 10:49 AM

The gold price has declined while the silver price has gained on May 10.

Gold Price Declines; Silver Gains

May 13, 2026 10:48 AM