Lucy Insurance Latest Ethiopian News

Ads

Lucy Insurance Earns 9.5ml birr net profit for 2020/2019 f.y

Lucy Insurance reversed the profit decline it faced two years ago and netted 9.5 million Br in profits over the last fiscal year, a 51pc growth from the previous year. Its earnings per share (EPS) have also risen by 47pc to 75 Br.

Two years ago, the firm’s profit and EPS dwindled due to stagnant gross written premium, an increase in commission payments, a surge in claims and rising expenses. During the period in question, Lucy’s profits dropped by almost 20 million Br to 6.3 million Br.

Read More
Loading

AddisBiz.com Android App Banner

Ads

Products and Services in Ethiopia

Date: Sep 20, 2021
Currency (Code)Buying RateSelling Rate
US DollarUS Dollar(USD)45.898846.8168
EuroEuro(EUR)53.770454.8458
Pound SterlingPound Sterling(GBP)60.086861.2885
UAE DirhamUAE Dirham(AED)11.307611.5338
Saudi RiyalSaudi Riyal(SAR)11.074611.2961
Browse More Currencies

AddisBiz.com Website Ad

Companies and Businesses in Ethiopia

Ads