LASACO • NSE

Lasaco Assurance Plc

2.00

NGN

Open Price

2.00

Previous Close

2.00

Today’s Range

2.00 - 2.00

Number of Deals

Volume Traded

214,785.00

Value Traded

429,571.00

52 Weeks High

2.96

52 Weeks Low

1.13

Market Cap

3,667,171,710.00

YTD Price Performance

73.91 %

Lasaco Assurance Plc to Hold Board Meeting to February 28, 2023; Declares Closed Period

February 23rd, 2023 at 6:14 AM

Lasaco Assurance Plc to Hold Board Meeting on October 27, 2022; Declares Closed Period

October 24th, 2022 at 12:36 PM

Lasaco Assurance Plc Notifies on Resolutions Passed at 42nd AGM

September 17th, 2022 at 11:37 PM

Lasaco Assurance Plc to Hold 42nd AGM on August 12, 2022

September 1st, 2022 at 7:25 PM

Lasaco Assurance Plc to Hold Board Meeting on July 28, 2022; Declares Closed Period

July 25th, 2022 at 8:48 PM

Lasaco Assurance Plc Declares N297.57m PAT in Q1 2022 Results, (SP:N1.11k)

May 24th, 2022 at 11:32 PM

Lasaco Assurance Plc Declares N261.38m PAT in 2021 Audited Results; (SP:N1.11k)

May 24th, 2022 at 7:33 PM

Lasaco Assurance Plc Notifies the Delay in Filing its 2022 Q1 Unaudited Financial Statement

May 20th, 2022 at 2:38 PM

Lasaco Assurance Plc to Hold Emergency Board Meeting on March 17, 2022

March 16th, 2022 at 12:00 AM

Lasaco Assurance Plc Notifies on Board Meeting Date

February 7th, 2022 at 12:00 AM

Key Stats

Shares Outstanding

1,833,585,855.00

Net Assets

0.00

Book Value Per Share

0.00

Sector P/E

867.26

EPS

0.16

P/E

12.50

ROE

0.00

Dividend Yield

2.00

About Company

Lasaco Assurance PLC provides life and general insurance services, which includes motor, bond, contractors-all-risk, fire, burglary, aviation, marine, general accident, life, pension schemes, engineering, and oil and gas.

Sector

Financial Services

Sub Sector

Insurance Carriers, Brokers and Services

Management

Muyiwa Anwoju

GM - Oluyemi Samson

Shobo Ademoye

Akinwale Sofile

Segun Balogun

Mrs. Ibironke Babaita

Akintunde Akinyanju

Jide Surajudeen Lawal

Oladimeji Abiola Olona

Olumide Jayeola

Address

LASACO House, Plot 16 Acme Road Ogba, Ikeja, Lagos, Nigeria

Phone No

0700 052 7226

Email Address

[email protected], [email protected]

Website

Board of Directors

Jamiu Adio Saka

Abiodun Razzaq

Segun Balogun

Akin Doherty

Sani Ndanusa

Akinola Odusami

Rliwan Oshinsi

Olateji Philips

Social Media Accounts

Subsidiary

Company Secretary

OLUTEKUNBI GERTRUDE KELECHI

End of Accounting Year

31 Dec

Listing Date

14/06/1991

Company Registrar

APEL CAPITAL & TRUST LIMITED, APEL CAPITAL & TRUST LIMITED

Regulatory Status

Free Float

0.00

Auditor

BDO Professional Services

Analyst Reports

2022 Audited Financial Statements for the Period ended 31st December 2022 – Lasaco Assurance Plc

Lasaco Assurance Plc releases its Audited Financial Statements for the Period ended 31st December 2022

March 31st, 2023 at 1:14 PM

Q4 2021 Unaudited Financial Statements for the Period ended 30th December 2021 – Lasaco Assurance Plc

February 22nd, 2022 at 12:00 AM

Income

Q2, 2022 and Q2, 2021 Financial Performance Comparison

Profit & loss information

Description	Q 2, 2022 N'm	Q 2, 2021 N'm	% Change
Gross Earnings	0.00	0.00	+ 0.00%
Profit Before Tax	407.00	354.00	+ 14.97%
Income Tax Expense	-35.00	0.00	+ 0.00%
Taxation	-35.00	-59.00	-40.68%
Profit After Tax	372.00	294.00	+ 26.53%
Fixed Assets	2,175.00	2,101.00	+ 3.52%
Total Assets	26,050.00	26,382.00	-1.26%
Customers Deposits	0.00	0.00	+ 0.00%
Loans and Advances	0.00	0.00	+ 0.00%
Total Liabilities	14,639.00	15,130.00	-3.25%
Borrowings	0.00	0.00	+ 0.00%
Cash Flow From Operating Activities	0.00	0.00	+ 0.00%

Income

Description	Q 2, 2022 N'm	Q 1, 2022 N'm	Q 4, 2021 N'm	Q 3, 2021 N'm	Q 2, 2021 N'm
Gross Earnings	0.00	0.00	0.00	0.00	0.00
Gross Premium Written	8,890.00	5,073.00	13,283.00	11,960.00	9,677.00
Revenue	0.00	0.00	0.00	0.00	0.00
Turnover	0.00	0.00	0.00	0.00	0.00
Interest And Similar Income	0.00	0.00	0.00	0.00	0.00
Gross Premium Income	6,965.00	4,328.00	12,582.00	10,025.00	6,042.00
Cost Of Sales	0.00	0.00	0.00	0.00	0.00

Description	Q 2, 2022 N'm	Q 1, 2022 N'm	Q 4, 2021 N'm	Q 3, 2021 N'm	Q 2, 2021 N'm
Property Plant And Equipment	2,175.00	2,236.00	2,065.00	2,039.00	2,101.00
Fair Value Movements On Equity Instruments	0.00	0.00	0.00	0.00	0.00
Value Through Profit Or Loss	0.00	0.00	0.00	0.00	0.00
Intangible Assets	0.00	0.00	0.02	0.19	0.31
Fair Value Movements On Debt Securities	0.00	0.00	0.00	0.00	0.00
Management Expenses	0.00	0.00	0.00	0.00	0.00
Other Non Current Assets	0.00	0.00	0.00	0.00	0.00

Description	Q 2, 2022 N'm	Q 1, 2022 N'm	Q 4, 2021 N'm	Q 3, 2021 N'm	Q 2, 2021 N'm
Cash Flow From Operating Activities	0.00	0.00	0.00	0.00	0.00
Total Premium Received	7,978.00	4,395.00	13,169.00	11,368.00	8,255.00
Receipt From Reinsurance Recovery	1,450.00	859.00	4,676.00	3,112.00	2,219.00
Reinsurance Premium Paid	-2,952.00	-513.00	-4,900.00	-4,297.00	-3,707.00
Profit For The Period	0.00	0.00	0.00	459.00	0.00
Commission Received	0.00	0.00	0.00	838.00	0.00
Claims Recoveries	0.00	0.00	0.00	0.00	0.00

Remark	Date
Notice of Board of Directors’ meeting to receive and consider the unaudited Accounts and Financial Statements of the Company for the period ended 31't March 2024. (UFS 01 2024)	4/25/2024
Notice of Board of Directors Meeting to receive and consider the Unaudited Accounts and Financial Statements of the company for the period ended 30th September 2023	10/26/2023
To receive and consider the Q4 Unaudited Financial Statements of the Company for the period ended 31st December, 2021	1/27/2022

Dividend	Dividend Type	Announement Date	Payment Date	Date
0.04	Final	5/3/2018	7/5/2018	6/1/2018
0.03				8/7/2009
0.08				8/8/2008

Bonus	Bonus Type	Announement Date	Payment Date	Date
1 for 5	1 for 5			5/30/2006

New Face Value	Old Face Value	Exsplit Date	Announement Date

Book Closure	Address	Announement Date	Date
6/4/2018	Lagos City Hall, Lagos	5/3/2018	6/21/2018
	10: 00 a. m.	9/28/2011	10/27/2011
			9/30/2009
			9/4/2008

Technical Rating

Very Bullish
See details
View historical rating

Moving averages

Billish
Moving averages

Billish
Moving averages crossovers

Natural

Pivot levels

Trend	R1	R2	R3	PP	S1	S2	S3
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72

Note: This is just a sample text, change appropriately.

Moving average

Days
- HTML
- CSS
- JavaScript
5

1,344.77
10

1,344.77
20

1,344.77
50

1,344.77
100

1,344.77
200

1,344.77

Name of chart*

Technical Rating

Very Bullish
See details
View historical rating

Moving averages

Billish
Moving averages

Billish
Moving averages crossovers

Natural

Pivot levels

Trend	R1	R2	R3	PP	S1	S2	S3
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72

Note: This is just a sample text, change appropriately.

Moving average

Days
- HTML
- CSS
- JavaScript
5

1,344.77
10

1,344.77
20

1,344.77
50

1,344.77
100

1,344.77
200

1,344.77

Name of chart*

Technical Rating

Very Bullish
See details
View historical rating

Moving averages

Billish
Moving averages

Billish
Moving averages crossovers

Natural

Pivot levels

Trend	R1	R2	R3	PP	S1	S2	S3
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72

Note: This is just a sample text, change appropriately.

Moving average

Days
- HTML
- CSS
- JavaScript
5

1,344.77
10

1,344.77
20

1,344.77
50

1,344.77
100

1,344.77
200

1,344.77

Name of chart*

Q 1, 2022

Price to book

0.00
Price to sales

0.72
Dividend yield

2.00
Net Debt

-10,948.00
Price Earning Including Extra Items

12.31
Price Earning Normalized

13.87
Price To Free Cash Flow

2.36
Price To Tangible Book

0.15

Q 2, 2022

Price to book

0.00
Price to sales

0.41
Dividend yield

2.00
Net Debt

-10,361.00
Price Earning Including Extra Items

9.86
Price Earning Normalized

11.11
Price To Free Cash Flow

14.49
Price To Tangible Book

0.14

Q 1, 2022

Gross Revenue Margin

100.00
Gross Profit Margin

100.00
Net Interest Margin

0.00
Net Profit Margin

5.87
Operating Cash Flow/Revenue

30.69
Operating Profit Margin (%)

0.00
Pretax Margin

6.49

Q 2, 2022

Gross Revenue Margin

100.00
Gross Profit Margin

100.00
Net Interest Margin

0.00
Net Profit Margin

4.18
Operating Cash Flow/Revenue

2.85
Operating Profit Margin (%)

0.00
Pretax Margin

4.58

Q 1, 2022

Book Value Growth Rate

0.00
Capital Expenditure Growth Rate

0.00
Deposit Growth

0.00
Dividend Growth

33.33
EBITDA

0.00
EPS Growth Rate

181.13
Fixed Asset Growth

8.28
Impairment Growth

0.00
Loan Growth

0.00
Net Assets growth

0.00
Net Profit Margin Growth Rate

-100.00
Operating Cash Flow

1,557.00
Revenue Growth

-61.81
Shareholder Fund Growth

0.00
Total Assets Growth

6.31
Total Liabilities Growth

5.54

Q 2, 2022

Book Value Growth Rate

0.00
Capital Expenditure Growth Rate

0.00
Deposit Growth

0.00
Dividend Growth

33.33
EBITDA

0.00
EPS Growth Rate

24.83
Fixed Asset Growth

5.33
Impairment Growth

0.00
Loan Growth

0.00
Net Assets growth

0.00
Net Profit Margin Growth Rate

-100.00
Operating Cash Flow

253.00
Revenue Growth

75.24
Shareholder Fund Growth

0.00
Total Assets Growth

3.37
Total Liabilities Growth

7.68

Q 1, 2022

Book Value per share

0.00
Cash Per Share

5.97
Dividend Per Share

0.04
EPS Basic Excl. Extra Items

0.16
EPS Excl. Extra Items

0.16
EPS Incl. Extra Items

0.00
EPS Normalized

0.16
Revenue Per Share

2.77

Q 2, 2022

Book Value per share

0.00
Cash Per Share

5.65
Dividend Per Share

0.04
EPS Basic Excl. Extra Items

0.20
EPS Excl. Extra Items

0.20
EPS Incl. Extra Items

0.00
EPS Normalized

0.20
Revenue Per Share

4.85

Q 1, 2022

Acid Test Ratio

0.00
Claims Ratio

0.00
Cost to Income Ratio

0.00
Current Ratio

0.00
Investment Ratio

0.03
Leverage Ratio

0.00
Liquidity Ratio

0.43
Long Term Debt/Equity

0.00
Net Interest Coverage

0.00
Payout Ratio

0.25
Quick Ratio

0.00
Reserve Ratio

0.00
Total Debt/Total Equity

0.00

Q 2, 2022

Acid Test Ratio

0.00
Claims Ratio

0.00
Cost to Income Ratio

0.00
Current Ratio

0.00
Investment Ratio

0.00
Leverage Ratio

0.00
Liquidity Ratio

0.40
Long Term Debt/Equity

0.00
Net Interest Coverage

0.00
Payout Ratio

0.20
Quick Ratio

0.00
Reserve Ratio

0.00
Total Debt/Total Equity

0.00

Q 1, 2022

Annual % Change in Highest Directors Pay

0.00
Annual % Change in PBT

159.06
Annual % Change in Share Price

5.26
Annual % Change in Staff Cost

0.00
Asset Turnover

0.20
Dividend Payout Ratio

0.25
Highest Directors’ Pay to PBT Ratio

0.00
Highest Directors’ Pay to Revenue Ratio

0.00
Highest Directors’ Pay vs PBT

0.00
Highest Directors’ Pay vs Revenue

0.00
Highest Directors’ Pay vs Staff Cost

0.00
Inventory Turnover

0.00
Net Income/Employee

0.31
Receivables Turnover

6.56
Return on Assets

0.01
Return on Average Assets

0.01
Return on Average Equity

0.00
Return on Equity

0.00
Return on Investment

0.00
Revenue/Employee

5.32
Staff Cost vs PBT

0.00
Staff Cost vs Revenue

0.00

Q 2, 2022

Annual % Change in Highest Directors Pay

0.00
Annual % Change in PBT

23.71
Annual % Change in Share Price

5.26
Annual % Change in Staff Cost

0.00
Asset Turnover

0.34
Dividend Payout Ratio

0.20
Highest Directors’ Pay to PBT Ratio

0.00
Highest Directors’ Pay to Revenue Ratio

0.00
Highest Directors’ Pay vs PBT

0.00
Highest Directors’ Pay vs Revenue

0.00
Highest Directors’ Pay vs Staff Cost

0.00
Inventory Turnover

0.00
Net Income/Employee

0.39
Receivables Turnover

8.83
Return on Assets

0.02
Return on Average Assets

0.01
Return on Average Equity

0.00
Return on Equity

0.00
Return on Investment

0.00
Revenue/Employee

9.32
Staff Cost vs PBT

0.00
Staff Cost vs Revenue

0.00

Price performance

1 week

-4.76%

1 month

3 months

-19.03%

6 months

5.26%

9 months

15.61%

1 years

73.91%

Volume analysis

1 week

-74.53%

1 month

-9.48%

3 months

-89.69%

6 months

-16.81%

9 months

-31.70%

1 years

-97.51%

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