Lucy Insurance S.C., one of Ethiopia’s private insurance companies, has registered a net profit of 13.3 million Birr. The insurance company’s performance shows a 57 percent increase but earning per shares have declined to 166 Birr from 247 Birr when compared to 2014/2015 fiscal year.
Source: http://www.2merkato.com/news/alerts/4794-ethiopia-lucy-insurance-earned-133-million-birr