Kathmandu. Sanima General Insurance has earned a profit of Rs 15.6 million in the first quarter of the current fiscal year.

Which is 109.92 percent more than the same period last year. It had earned a profit of Rs 7.46 million in the corresponding period last year.

During this period, the insurance premium has increased to Rs. 36.11 million. 34.85 million in the corresponding period of the previous year.

After the issuance of ordinary shares, the reserve fund of the insurance company, which has a paid-up capital of Rs 1 billion, has Rs 56.4 million.

The insurance fund has Rs. 639.43 million. Similarly, Rs. 6.47 million is in reserve for the catastrophe.

The net worth of the insurance company is Rs 118.12 per share with an earnings per share of Rs 8.95.