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.

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