Manulife reports $1.6-billion drop in earnings amid market turmoil and extended COVID-19 restrictions in Asia - The Globe and Mail
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8/11/2022 12:00:00 AM2 years 8 months ago
by Clare O’Hara
by Clare O’Hara
Canada’s largest insurer reported second-quarter net income of $1.09-billion, or 53 cents per share, a $1.6-billion drop from the $2.64-billion, or $1.33 per share it reported in 2021′s second quarter
Manulife Financial Corp. MFC-T missed analyst profit expectations after a $1.6-billion drop in earnings owing to market turmoil and extended COVID-19 restrictions in Asia. The largest insurer in Can… [+3563 chars]
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