posted net profit of RM23.41mil in the fourth quarter ended Dec 31,2020 boosted by net realised gains and net fair value gains from its equity investments.
In a statement to Bursa Malaysia on Tuesday, it announced the net profit had increased by 71.3% to from RM13.66mil a year ago.
Its revenue increased by 19% to RM531.38mil from RM446.47mil a year ago. Its earnings per share were 11.31 sen compared with 6.74 sen. It declared dividend of seven sen a share.
Manulife registered net realised gains of RM56mil in 4Q of 2020 compared with RM29.75mil a year ago. Its net fair value gains were RM150.67mil compared with RM32.73mil a year ago.