LPI’s earnings up 18% to RM76mil


Good show: Teh says the LPI Group chalks up an impressive performance despite operating in a volatile environment.

PETALING JAYA: Insurer LPI Capital Bhd kicked off the third quarter results season with earnings at RM75.84mil on better claims experience and lower commission expenses.

In a filing with Bursa Malaysia, the company said its earnings were up 18.1% from the RM64.19mil a year ago. Profit before tax surged 22.6% to RM94.87mil from RM77.42mil.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Powering on data centres
Medical insurance premiums on the rise
Kelington to reap the benefits of a diversified business strategy
Rising data centre ability
Making scents of success
Investors brace for 5% Treasury yields
Are there too many GPs and is the healthcare system overwhelmed?
Sapura Energy takes a step to turn the tide
Japan frets over relentless yen slide as BoJ keeps ultra-low rates
Singapore’s growth trajectory remains intact

Others Also Read