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Manulife Q3 net profit drops due to charge while adjusted earnings increase

TORONTO Manulife Financial Corp. says its net profit dropped 23 per cent in its recent quarter as investment gains offset a charge related to lower reinvestment assumptions.

Earnings Review: How Did Manulife Perform in Q3 of 2021?

Manulife just reported its Q3 results last evening and is poised to derive outsized gains to long-term investors.

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