Manulife's second-quarter profit rises on strong Asia growth-March 2024-www.financetom.com

Manulife's second-quarter profit rises on strong Asia growth

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Manulife's second-quarter profit rises on strong Asia growth

Aug 7, 2024 2:25 PM

Aug 7 (Reuters) - Canada's Manulife Financial ( MFC )

posted a rise in second-quarter profit on Wednesday, thanks to

strong growth in its Asia business.

Core earnings rose to C$1.74 billion ($1.26 billion), or 91

Canadian cents per share, in the three months ended June 30,

from C$1.64 billion, or 83 Canadian cents per share, a year

earlier.

($1 = 1.3758 Canadian dollars)

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