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Suncorp Group Limited (ASX:SUN) has posted a 74 per cent jump in its first half net profit, coming in better than expected.
The insurer and regional bank generated a net profit of $389 million in the same period revenue rose 0.53 per cent, coming in at $8.107 billion.
Suncorp says it has delivered increased profits, underlying margins, top-line growth across its businesses, improved cost control and a stronger balance sheet.
CEO Patrick Snowball says he is confident Suncorp’s transformation is on track.
A fully franked interim dividend of 20 cents per share has been declared.
News: Suncorp H1 profit jumps 74%
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$19.68 |
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Mkt cap ! $23.46B | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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| Last trade - 11.39am 03/12/2024 (20 minute delay) ? |
| SUN (ASX) Chart |
