As per the report, its net profit rose significantly during the period.
In the review period, the company earned net profit of Rs 27.4 million. The net profit increased by 3,812.84 percent compared to Rs 701,000 of the corresponding period of the last FY.
Increase in income can be attributed to the increase in net profit.
During the period, the company increased its total insurance premium by 990.44 percent and total income by 370.66 percent. Similarly, its total claim payment increased by 1,211.13 percent and total expenses by 325.57 percent.
Along with its net profit, its EPS increased by Rs 4.70 to Rs 4.88. It maintained net worth per share of Rs 102.93 and P/E ratio of 507.91 times.
The company with Rs 750 million in paid-up capital has disaster fund of Rs 2.9 million, retained earning of Rs 19 million and other equity of Rs 3.2 million.
