LBIC pre-tax profit rises 40% to n1.16bn amid strong 2024 performance

Lagos Building Investment Company Plc (LBIC) has posted a 40% increase in Profit Before Tax (PBT), hitting N1.16 billion in 2024, up from N829 million in 2023 — a performance the company attributes to strategic innovation and value-driven initiatives. At its recent Annual General Meeting held in Ikeja, the Chairman, Hakeem Ogunniran, praised the company’s…

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