Suncorp net profit slips

Insurer's results weighed by sale of non-core bank, will still pay a fully-franked special dividend of 20 cents.

Suncorp Group's (SUL) full-year net profit took a hit after the sale of its non-core bank earlier this year, but the insurer still paid a special dividend.

In the year to June 30, Suncorp's net profit fell 32.18% to $491 million from $728 million in 2012, in the middle of the company's guidance for between $480 million and $500 million announced at the end of July.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles