Suncorp Group (ASX:SUN) net profit after tax was up around 422 per cent year on year to $913 million. It has its own brand of products but also operates under names like AAMI, GIO, Apia and Shannons.
Suncorp Group Ltd (ASX: SUN) The Suncorp share price is up more than 9% after reporting its FY20 result. Net profit after tax (NPAT) stood at $913 million, up 421.7%, which includes a $285 million after-tax profit from the sale of the Capital SMART and ACM Parts Businesses and the $89 million non-cash impairment charges. Please sign in or register.Data delayed at least 20 minutes, as of Aug 31 2020 07:10 BST.All markets data located on FT.com is subject to the All content on FT.com is for your general information and use only and is not intended to address your particular requirements. FT is not responsible for any use of content by you outside its scope as stated in the Markit Short Selling Activity © Markit. Suncorp Group does use a high amount of debt to increase returns. After a strong start, the ASX slumped mid-session and tracked sideways for most of the afternoon to finish the day 0.1 per cent lower. The Company’s segments include Insurance, Banking & Wealth and Suncorp New Zealand. You must therefore seek independent legal, investment or other appropriate advice from a suitably qualified and/or authorised and regulated advisor prior to making any legal, investment or other decision. Shares in Suncorp (ASX:SUN) are currently trading at 8.58, but a key question for investors is how much the current economic uncertainty will affect the price. Share price information may be rounded up/down and therefore not entirely accurate. Summary. Suncorp Group Ltd (ASX:SUN) is a $17 billion insurance and banking company. ASX 200 listed Suncorp Group’s share price soared 11.047% to $9.65 on 21 August followed by its FY20 results ended 30 June 2020. Banking & Wealth segment is engaged in the design, manufacture and delivery of banking, financial planning, and superannuation and fund administration services to customers in Australia and its products include commercial, agribusiness, small business, home and personal loans, treasury products and services, superannuation, funds administration services and financial planning. Cash earnings were down around 33 per cent …
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RELATED STOCKHEAD STORIES. SUN Share Price and Trading History. This is intended for information purposes only and is not intended as an offer or recommendation to buy, sell or otherwise deal in securities.Suncorp Group Ltd is an Australia-based company that provides financial services in Australia and New Zealand. Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that Suncorp Group Limited (ASX:SUN) is … Suncorp Chief Executive Steve Johnston demanded that the federal government focus on climate resilience during its post-pandemic recovery program after a record year of climate change related bushfires and extreme weather events hit the balance sheet hard. Suncorp jumped over 11 per cent today, as investors responded to its annual results, and its new climate-change commitments. It has a debt to equity ratio of 1.86. Suncorp New Zealand is engaged in the design, manufacture and delivery of general and life insurance products to customers in New Zealand.The Financial and Risk business of Thomson Reuters is now The Australian insurance division reported a net profit after tax of $384 million, which was down 33.9%.
SUN:ASX price rises above 15-day moving average to 9.65 at 17:00 BST Aug 21 2020 Key statistics As of last trade, Suncorp Group Ltd (SUN:ASX) traded at 9.38, 28.42% above the … Insurance segment designs, manufactures and provides general insurance products and services to customers in Australia and its products include home and contents, motor, marine, travel, commercial property, industrial special risk, loan protection, equity and cash benefit. All rights reserved.Although Markit has made every effort to ensure this data is correct, nevertheless no guarantee is given to the accuracy or completeness.
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