.
Suncorp Group Limited's (ASX:SUN) full year net profit has slumped 42 per cent, weighed down by claims and re-insurance costs arising from natural disasters.
In the 2011 financial year the insurer and regional bank recorded a net profit of $453 million, coming in higher than the $420 million expected by some analysts.
Over the year revenue from ordinary activities increased 21 per cent to $19 billion.
Suncorp says its business performed well on an underlying basis in a period of broader economic volatility and that it is on track to achieve its targets.
A fully franked dividend of 20 cents per share has been declared, bringing the full year payout to 35 cents per share.
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Last
$19.63 |
Change
-0.020(0.10%) |
Mkt cap ! $23.46B | |||
| Open | High | Low | Value | Volume |
| $19.72 | $19.84 | $19.60 | $9.424M | 478.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 4124 | $19.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.64 | 2940 | 17 |
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| Last trade - 12.40pm 03/12/2024 (20 minute delay) ? |
| SUN (ASX) Chart |
