LPI net profit up on gross earned premiums


PETALING JAYA: Insurer LPI Capital Bhd posted a 15.20% rise in net profit to RM46.57mil for the quarter ended June 30 compared to a year ago on an increase in gross earned premiums from the general insurance segment, which registered a 6.5% growth.

In a stock exchange filing, the company said revenue grew 6.55% to RM282.39mil, while earnings per share stood at 21.14 sen from 18.35 sen in the corresponding quarter a year ago.

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