LASACO Declares N679m PAT in 2020 Audited Results, Proposes 10K Final Dividend; (SP:N1.37k)


Wednesday, June 30, 2021 / 2:44 PM / By NGX / Header Image Credit: Facebook; Lasaco Assurance

Lasaco Assurance Plc released its 2020 Audited results for the period ended December 31st, 2020.

Key Highlights

  • Gross Premium grew by 17% to N10.9bn from N9.3bn in the previous quarter.

  • Profit before tax grew by 100% to N696m.

  • Profit after tax grew by 115% to N679m.

  • Net Assets declined by -2.2% from N8bn to N7.8bn.

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