LASACO Declares N316m PAT in 2019 Audited Results, (SP:N0.26k)

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Friday, August 14, / 5:32 PM / by NSE / Header Image Credit: Lasaco Assurance


Lasaco Assurance Plc released its 2019 Audited results for the period ended December 31st, 2019.


Key Highlights

  • Gross Premium grew by 3.6% to N9.3bn from N9bn in the previous quarter.

  • Profit before tax declined by 64% to N348m.

  • Profit after tax declined by 57% to N316m.

  • Net Assets declined by -4% from N8.2bn to N8.5bn.

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