LPI Capital's profit jumps 26% to RM124mil in 3Q

Quick Summary:

KUALA LUMPUR: LPI Capital Bhd anticipates that the fourth quarter of the year will remain challenging, and the group will closely monitor both international and local developments that could impact its prospects.

The net return on equity of LPI Group increased to 12.9% from 10.9% while earnings per Share was higher at 76.12 sen from 59.03 sen in 9M23.

Lonpac’s Insurance Service Result grew 25.9% YoY to RM111.4mil from RM88.5mil.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaHong KongSingapore

Topics: LPI Capital /Business/Business News Corporate News Insurance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 13:30:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 409 words

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Sentences: 16 lines

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Copyright Owner: © The Star

News ID: 23319432

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