Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: The Securities Board of Nepal (SEBON) has directed the Nepal Stock Exchange Limited (NEPSE) to make public the five-year financial statements of all listed companies.
The board has directed to make public the details including annual reports and quarterly reports of the companies listed in Nepse and keep them on the website for at least five years.
“The major financial indicators of the companies listed in Nepse for at least the last five years should be published. The details should include the company’s capital, annual income, expenses, reserve fund, earnings per share, price-to-earnings ratio, net worth per share and dividends,” reads the notice issued today by the board.
At present, Nepse only posts details of events or information that could affect the stock market price. As information is essential for investing in securities, it is the duty of Nepse to analyse the details and reports submitted by the listed companies and make them public, reads the notice.
The board has also stated that regular monitoring will be carried out from mid-February on whether Nepse has made public the five-year financial statements of all the listed companies and if it is not found on the website, action will be taken.
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