LASACO Declares N266m PAT in Q1 2020 Results, (SP:N0.26k)

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Monday, August 17, 2020 / 11:40 AM / NSE / Header Image Credit: Lasaco Assurance


Lasaco Assurance Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.


Key Highlights

  • Gross Premium declined by -11.5% to N4bn from N4.5bn in the previous quarter.

  • Profit before tax declined by 4.4% to N314m.

  • Profit after tax declined by 7.3% to N266m.

  • Net Assets grew by 3.3% from N8.2bn to N8.4bn.

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