Australia's Suncorp Group Ltd. (SUN.AX, SNMCY.PK) reported Wednesday lower profit in the first half, despite higher Insurance revenue.
In the period, profit attributable to owners of the Company was A$263 million, lower than A$1.10 billion a year ago. Earnings per share declined to 24.38 cents from 98.29 cents last year.
Profit per share from continuing operations was 24.38 cents, compared to 75.52 cents last year.
Insurance revenue, however, grew to A$7.656 billion from prior year's A$7.509 billion.
In Australia, Suncorp shares were trading at A$15.28, down 4.38 percent.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.