LPI Capital Q2 earnings surge to nearly RM86m


KUALA LUMPUR: LPI Capital Bhd kicked off the second quarter earnings seasons with a 67.5% increase in its earnings to RM85.74mil for the period ended June 30, from RM51.18mil a year ago, underpinned by its unit Lonpac Insurance Bhd.

It announced on Wednesday its revenue increased 4.5% to RM304.72mil from RM291.49mil. Earnings per share were 25.82 sen compared with 15.47 sen previously.

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