LPI founder and chairman Tan Sri Teh Hong Piow said the general insurance industry was affected by the slowdown in economic activities.
KUALA LUMPUR: LPI Capital Bhd
reported a marginal 0.1% increase in its net profit to RM314.05mil in the financial year ended Dec 31, 2018 (FY18) from RM313.80mil in FY17.
Its founder and chairman Tan Sri Teh Hong Piow said FY18 revenue increased by 2.9% to RM1.51bil from RM1.47bil. Profit before tax increased marginally to RM405.96mil from RM403.75mil
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