September 4, 2018 / 7:00 AM / 14 days ago

South African insurer Discovery lifts FY profit by 16 pct

JOHANNESBURG, Sept 4 (Reuters) - South African health and life insurance group Discovery Ltd reported a 16 percent increase in full-year earnings on Tuesday, supported by growth in all its businesses.

Undiluted normalised headline earnings per share, the widely watched profit gauge in South Africa that strips out certain one-off items, for the year ended June rose to 837.4 cents from 722.2 cents in the prior year.

Normalised operating profit rose 17 percent to 8.2 billion rand ($548.47 million). ($1 = 14.9507 rand) (Reporting by Nqobile Dludla, editing by Louise Heavens)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below