Manulife Financial Corp on Thursday reported a 20 percent rise in fourth-quarter profit as Canada's largest life insurer booked a C$350 million gain on the sale of its Taiwan insurance business last year. The Toronto-based company said net income attributed to shareholders was C$1.3 billion, or 68 Canadian cents a share, compared with C$1.1 billion, or 57 Canadian cents a share, a year earlier.
Manulife Financial Corporation (MFC) is a Canada-based financial services group with principal operations in Asia, Canada and the United States. Shares of MFC traded higher by 2.15% or $0.4/share to $18.99. In the past year, the shares have traded as low as $13.43 and as high as $20.36. On average, 2101620 shares of MFC exchange hands on a given day and today's volume is recorded at 3134255.
Manulife Financial Corporation (MFC) is a Canada-based financial services group with principal operations in Asia, Canada and the United States. Shares of MFC traded higher by 2.1% or $0.43/share to $20.91. In the past year, the shares have traded as low as $13.79 and as high as $22.22. On average, 3581060 shares of MFC.TO exchange hands on a given day and today's volume is recorded at 4728834.
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