Kenanga maintains outlook on LPI


KUALA LUMPUR: Kenanga Investment Bank Research has kept its forecasts on LPI Capital Bhd unchanged as the insurer's first half earnings came within expectations.

According to the research house, 1HFY20 net profit of RM155mil made up 47% and 51% of its and consensus full-year estimates as the impact of the movement control order in 2QFY20 was marginal.

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