BY NKECHI NAECHE-ESEZOBOR—LASACO Assurance Plc, has projected N205.129 million profit for the period, a 45.33% cut when compared to N375.229 million projected for Q1 2021.
The company disclosed this when it released its earnings forecast for the second quarter ending 30 June 2021 on the floor of the Nigerian Stock Exchange also projected N3.171 billion gross premium written, down from N5.40 billion projected for first quarter (Q1) 2021.
LASACO’ had in Q1 ending 31 March 2021 projected N5.40 billion in gross premium written up from N1.323 billion in fourth quarter (Q4) 2020.
