Lasaco Assurance Revenue Hits N18.3bn In 2023 …C0NTINUE READING HERE >>>
Insurance revenue of Lasaco Assurance Plc rose significantly to N18.3 billion in 2023 financial year from N13.5 billion it was the previous year. This growth represents a 36 percentage surge within the period under review.
Similarly, its profit rose by six per cent, from N1.6 billion in 2002 to N1.7 billion in 2023, even as its shareholders’ funds were N13.7 billion in 2023 from N12.3 billion in the 2022 financial year.
Speaking at its 2023 annual general meeting (AGM) in GRA, Ikeja, Lagos yesterday, its chairman, Teju Phillips said, its profit after tax witnessed a decline of…
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