Healthy underwriting results lift MMI’s interim earnings

Россия Новости Новости

Healthy underwriting results lift MMI’s interim earnings
Россия Последние новости,Россия Последние новости

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

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

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.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

BDliveSA /  🏆 12. in RU
 

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Bidvest interim earnings up 9.6% despite frail economic backdropBidvest interim earnings up 9.6% despite frail economic backdropThe company says its financial position allows sufficient headroom to advance the group’s strategy.
Прочитайте больше »

Nederburg maker Distell lifts earnings, even as sales fallNederburg 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’
Прочитайте больше »

Attacq lifts distributable earningsAttacq lifts distributable earningsBut the group’s net asset value per share fell partly because of impairments against its assets in the rest of Africa
Прочитайте больше »

Capitec shares fall despite reporting higher earningsCapitec 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?
Прочитайте больше »

Stadio’s shares jump 13.2% on earnings reportStadio’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
Прочитайте больше »

Exxaro expects 2018 earnings to jump higherExxaro expects 2018 earnings to jump higherIt says the increases in earnings were primarily due to once-off transactions incurred in 2017.
Прочитайте больше »

Rolfes recovers with solid earnings increaseRolfes 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
Прочитайте больше »

Royal Bafokeng Platinum 2018 earnings down 55.7%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.
Прочитайте больше »

Afrox cuts final dividend by more than half as earnings fallAfrox 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
Прочитайте больше »



Render Time: 2025-01-14 01:01:39