LPI Capital share price up on strong earnings growth


  • Business
  • Wednesday, 17 Jul 2019

According to the stock exchange filing, the project will be close to retail amenities such as Sunway Giza, Sunway Nexis and Ikea Damansara as well as education institutions including Sri KDU and SEGi University, and Thomson Hospital.

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.

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