Acquisitions In M'sia Help Boost H1 Earnings At South Africa's Sanlam


JOHANNESBURG: South African life insurer Sanlam posted a 43 percent jump in first-half earnings on Thursday propelled by earnings from its new businesses in Malaysia and India.

The insurer said diluted headline earnings per share totalled 171.4 cents in the six months to end-June, from 120.1 cents a year earlier. Headline EPS, the benchmark profit measure in South Africa, excludes certain one-time items.

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