LPI Capital posts higher net profit of RM77.16mil for first quarter


Founder and group chairman Tan Sri Teh Hong Piow, said the higher growth in revenue was mainly contributed by Lonpac.

PETALING JAYA: Insurer LPI Capital Bhd kicked off the first-quarter results season with a higher net profit of RM77.16mil in the period ended March 31 despite a challenging environment.

Its net profit increased by 6.4% from RM72.50mil a year ago. Earnings per share rose to 19.37 sen compared with 18.20 sen previously.

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