LASACO Assurance Plc, has announced a gross premium rose to
N6.698 billion from N4 billion in Q1 2020, representing 31.9% increase for the
period ended 31, March 2021
The statement contained in its financial statement released
for first quarter period ended 31st March, 2021 through the floor of Nigerian
Exchange Group to investing community and dealing members that it’s gross
premium rose to N6.698 billion from N4 billion in Q1 2020, indicating 31.9%
increase for the period ended 31, March 2021
Nevertheless, the company’s profit after tax suffered a
dropped of 31.9% which net profit
declined to N181.387 million in 2021 from N266.371 million reported in Q1 2020.
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