Life Insurance Nepal (XNEP:LICN) Other Income (Minority Interest) : NPR0 Mil (TTM As of Apr. 2024)

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What is Life Insurance Nepal Other Income (Minority Interest)?

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary. Life Insurance Nepal's Other Income (Minority Interest) for the three months ended in Apr. 2024 was NPR0 Mil. Its Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Apr. 2024 was NPR0 Mil.

Life Insurance Nepal Other Income (Minority Interest) Historical Data

The historical data trend for Life Insurance Nepal's Other Income (Minority Interest) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Life Insurance Nepal Other Income (Minority Interest) Chart

Life Insurance Nepal Annual Data

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Other Income (Minority Interest)

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Life Insurance Nepal Quarterly Data
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Life Insurance Nepal Other Income (Minority Interest) Calculation

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary.

Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NPR0 Mil.

Life Insurance Nepal (XNEP:LICN) Other Income (Minority Interest) Explanation

Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company. It is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Life Insurance Nepal Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Life Insurance Corp Nepal Ltd (XNEP:LICN) » Definitions » Other Income (Minority Interest)

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Address

Star Mall, PO Box No 21905, 4th Floor, Putalisadak, Kathmandu, NPL

Website

https://www.licnepal.com.np

Life Insurance Corp Nepal Ltd is operative in the field of financial services. A joint venture between Life Insurance Corporation of India and Vishal Group of Nepal, it is one of Nepal's most capitalized insurance companies. It offers a range of life insurance products such as endowment plans, child plans, money-back plans, and services like reviving a lapsed policy, policy loans, nominations, and bonuses to policyholders. The company's majority source of revenue is through insurance premiums, which are received either by direct remittance of cheques or bank drafts.