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

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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