trending Market Intelligence /marketintelligence/en/news-insights/trending/DpFeQim31r0S9jqbI_dI3g2 content esgSubNav
In This List

Sun Life fiscal Q2 profit falls YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Sun Life fiscal Q2 profit falls YOY

Sun Life Corp. said its normalized net income for the fiscal second quarter ended Sept. 30 amounted to ¥18.12 per share, a decline of 24.8% from ¥24.10 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥117.5 million, a decline of 24.8% from ¥156.3 million in the prior-year period.

The normalized profit margin declined to 4.8% from 6.1% in the year-earlier period.

Total revenue decreased year over year to ¥2.43 billion from ¥2.55 billion, and total operating expenses fell from the prior-year period to ¥2.29 billion from ¥2.35 billion.

Reported net income declined 20.6% on an annual basis to ¥108.0 million, or ¥16.66 per share, from ¥136.0 million, or ¥20.98 per share.

As of Nov. 14, US$1 was equivalent to ¥116.46.