KUALA LUMPUR: LPI Capital Bhd
's net profit fell to RM367.78 million for the financial year ended Dec 31, 2025 (FY2025), from RM377.09 million in FY2024.
Revenue, however, rose 9.6 per cent to RM2.11 billion from RM1.92 billion previously, driven mainly by the general insurance segment.
In a filing with Bursa Malaysia, the group said of the RM2.11 billion in revenue, RM2.06 billion was contributed by the general insurance segment, while RM47.9 million came from the investment holding segment.
For the fourth quarter ended Dec 31, 2025, net profit slipped to RM71.81 million from RM73.86 million a year earlier, while revenue increased to RM540.18 million from RM487.64 million.
In a statement, the group said its prospects in 2026 would hinge on expanding distribution channels, maintaining prudent underwriting and effective risk management, and responding swiftly to changes in the insurance landscape.
It said it aims to grow market share by intensifying bancassurance cross-selling with Public Bank Group, supported by a joint working committee to enable a more coordinated branch-level marketing approach.
The group will also continue expanding its agency force and tap foreign direct investment flows into Malaysia through its global partners' network.
LPI Capital declared a second interim single-tier dividend of 50.0 sen per share for FY2025, payable on March 19, 2026. - Bernama
