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LASACO Assurance

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WaneInvestmentHouse

WaneInvestmentHouse

Community Contributor

LASACO Assurance Plc H1/Q2 result - Solid Asset Growth Undermined by Cost Pressure and Declining Profitability

Despite robust asset and revenue growth, LASACO Assurance Plc posted a significant decline in profitability in H1 2025, with a swing to pre-tax loss. This reflects rising cost pressure, particularly from insurance service expenses and reinsurance costs.

₦2.96

FV

12.2% undervalued

116.24%

Revenue growth p.a.

1

6

8

Updated