LPI founder and chairman Tan Sri Teh Hong Piow
Group’s pre-tax profit came in at RM393.06mil, up 15% from the RM341.95mil.
In the fourth quarter, LPI Capital’s earnings fell 12.6% to RM102.21mil from RM117.06mil a year ago mainly due to lower realised gains on its investment in equities. Its revenue was higher at RM338.62mil, up 13.1% from RM299.16mil. Earnings per share were 30.79 sen compared with 35.31 sen.
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