LASACO Assurance Plc published its unaudited financial report for the half year ended 30 June 2020 on 18th August, 2020 on the website of the Nigerian Stock Exchange.
The Insurance firm in 2020 reported a turnover (Gross Premium Written) of N6.946 billion, up by 1.01% when compared with the turnover of N6.877 billion reported in half year 2019.
The Insurance Company reported a profit after tax of N632 million, rose by 5.59% when compared with the profit after tax of N599 million in 2019.
The earnings per share (EPS) of Lasaco Assurance for H1’20 financial report is evaluated as 9 kobo from 8 kobo reported in the preceding period of 2019.
With reference to the share price of N0.30, the P.E ratio of Lasaco Assurance is calculated as 3.48x and earnings yield of 28.77%.