PETALING JAYA: Despite the tough operating environment, LPI Capital Bhd’s earnings growth is expected to remain resilient through 2019, driven by its fire insurance products.
The general insurer saw its share price jump as much as 18 sen, or 1.1%, to hit RM16.24 during intra-day trade yesterday after having declared a dividend of 27 sen per share a day earlier on the back of strong profit growth for the second quarter ended June 30, 2019.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!