LPI Capital’s 1Q net profit jumps 37%


KUALA LUMPUR: LPI Capital Bhd, whose bottom line rose a notable 37% in the first quarter of 2024 (1Q24), says it will focus on sustainability efforts within an increasingly competitive market environment.

The insurance group posted a net profit of RM101.29mil in 1Q24, up from RM73.83mil in the same quarter in 2023, which translates to an earnings per share of 25.43 sen compared to 18.53 sen.

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