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LASACO Assurance Plc boosts Profit after tax by 147%

LASACO Assurance Plc released its full-year results for the year ended December 2020. Net premium income was N6.28billion. (+6.3% YoY) Underwriting profit declined to N1.73 billion. (-24.8% YoY) Profit before tax increased to N927.34 million. (+166.7% YoY) Earnings per share increased to 11 kobo. (+175% YoY) The Shareholders’ Fund of the Company increased to N8.99 […]

Blurb Team @Nairametrics

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LASACO Assurance Plc released its full-year results for the year ended December 2020.

  • Net premium income was N6.28billion. (+6.3% YoY)
  • Underwriting profit declined to N1.73 billion. (-24.8% YoY)
  • Profit before tax increased to N927.34 million. (+166.7% YoY)
  • Earnings per share increased to 11 kobo. (+175% YoY)
  • The Shareholders’ Fund of the Company increased to N8.99 billion (+9.95% YoY)
  • Net asset per share increased to N1.23 (+10.8% YoY)

See link to results.

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  1. Ismail

    I thank you very much sir

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