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LPI Capital ends 2024 with net profit jump to RM377.09mil

The Star LogoThe Star1w ago

LPI Capital ends 2024 with net profit jump to RM377.09mil - The Star

Quick Summary:

KUALA LUMPUR: Moving forward into 2025, LPI Capital Bhd expects new cross-selling opportunities following its inclusion into the Public Bank corporate family, and will be developing products to cater for the customers' insurance needs.

The group's revenue, however, was slightly higher at RM487.64mil compared to RM481.35mil in 4QFY23.

During the quarter under review, LPI recorded a net profit of RM73.86mil, down from RM78.58mil in the year-ago quarter.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-14 @ 13:06:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 361 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 26137517

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 40 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 6 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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