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Home Markets Equities Company Results

LASACO Assurance Plc boosts Profit after tax by 147%

Blurb Team @Nairametrics by Blurb Team @Nairametrics
March 12, 2021
in Company Results, Markets
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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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Tags: Company Financial ResultsLASACO Assurance Plc
Blurb Team @Nairametrics

Blurb Team @Nairametrics

The "Blurb Team" is the official conveyer of the opinions of the Nairametrics Research & Analysis Board on matters of financial reports, macroeconomic data, and economic policies.

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Comments 0

  1. Ismail says:
    March 12, 2021 at 8:15 pm

    I thank you very much sir

    Reply

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