♦ Below expectations. LPI recorded 3QFY12/10 net profit of RM36.2m (+36.9% qoq) which brought its 9M10 earnings to RM101m (+10.8% yoy). This accounted for 68.6% and 60% of our and consensus full year expectations respectively. The deviation was mainly due to lower-thanexpected surplus transfer from the General Insurance (GI) account. No dividend was declared during the quarter.
LPI Capital Berhad : Below Expectations - 08/10/2010
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