LPI posts higher FY19 earnings despite tough environ


Tan Sri Teh Hong Piow: "This second interim dividend payment, which amounted to RM171.30 million, is part of the group’s effort to reward its shareholders for their trust and confidence in LPI."

KUALA LUMPUR: LPI Capital Bhd's net profit increased by 2.6 per cent to RM322.36 million in the financial year ended Dec 31,2019 (FY19) amid a challenging operating environment for the general insurance industry.

Revenue for the year also rose to RM1.60 billion against RM1.51 billion in the preceding year, the company said in a filing with Bursa Malaysia on Monday.

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LPI Capital , Insurance , Results , Teh Hong Piow

   

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