Healthy underwriting results lift MMI’s interim earnings

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

CEO Hillie Meyer says the results are unlikely to be repeated in the next six months, given stock markets’ recent performance and the tough economic environment

Financial services group MMI Holdings, whose brands include Metropolitan and Momentum, said on Friday that earnings edged higher in the six months ended December, thanks to healthy underwriting results and better earnings from fixed-rate and annuity products.

MMI Group CEO Hillie Meyer said the firm was on track towards its three-year goal of increasing earnings to between R3.6bn and R4bn in the 2021 financial year.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Bidvest interim earnings up 9.6% despite frail economic backdropThe company says its financial position allows sufficient headroom to advance the group’s strategy.
Sumber: TheCitizen_News - 🏆 6. / 75 Baca lebih lajut »

Nederburg maker Distell lifts earnings, even as sales fallThe company says Nigeria, Kenya, Zambia and Mozambique recorded strong growth ‘as we continue to build our local production and route-to-market across the markets’
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

Attacq lifts distributable earningsBut the group’s net asset value per share fell partly because of impairments against its assets in the rest of Africa
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

Capitec shares fall despite reporting higher earningsHeadline earnings for the year to end-February rose between 17% and 20%, versus 18% a year before Why would the shares fall if they are making more profit?
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

Stadio’s shares jump 13.2% on earnings reportThe education group grew net profit to R77.3m thanks to new brands, and aims to have 100,000 students in its institutions
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

Exxaro expects 2018 earnings to jump higherIt says the increases in earnings were primarily due to once-off transactions incurred in 2017.
Sumber: TheCitizen_News - 🏆 6. / 75 Baca lebih lajut »

Rolfes recovers with solid earnings increaseThe chemical company is pleased with its ‘good progress in a tough environment’ as its pigments and water operations reverse their losses
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

Royal Bafokeng Platinum 2018 earnings down 55.7%The platinum producer says its focus for 2019 will be on achieving strategic objectives through maintaining earnings growth.
Sumber: TheCitizen_News - 🏆 6. / 75 Baca lebih lajut »

Afrox cuts final dividend by more than half as earnings fallThe company says growth in strategic markets, price cost inflation recovery and productivity gains from various efficiency projects have helped mitigate the cost increases
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »