LASACO Assurance Plc has published its First Quarter report for the 3 months ended 31 March 2024. The result shows significant growth in the Company’s top line and bottom line figures.
The Company reported Gross Written Premium of N7.843 billion for the 3 months period, up by 20.35% from N6.517 billion reported in Q1 2023.
Profit after tax of N1.03 billion was reported for the 3 months period, up by 69.67% from N605.98 million reported the previous year.
Earnings per share of LASACO stands at N0.56.
At the share price of N2.3, the P/E ratio of LASACO stands at 4.10x with earnings yield of 24.38%.