Canada's Manulife posts higher quarterly profit on Asia unit strength

Manulife Financial

06/08/2025 22:10

Aug 6 (Reuters) - Manulife Financial MFC.TO reported higher second-quarter profit on Wednesday, driven by strong performance in its Asia unit that boosted the Canadian insurer's results.

Net income attributable to shareholders came in at C$1.79 billion ($1.30 billion) or 98 Canadian cents per share in the three months ended June 30, compared with C$1.04 billion, or 52 Canadian cents per share, in the year earlier.

($1 = 1.3741 Canadian dollars)

 (Reporting by Pritam Biswas in Bengaluru; Editing by Tasim Zahid)

 ((Pritam.Biswas@thomsonreuters.com;))