News Asia13 Feb 2025

Suncorp announces financial results

| 13 Feb 2025

Suncorp Group reported net profit after tax (NPAT) of A$1.1bn ($692m). The result includes a one-off gain on sale of A$252m of Suncorp Bank, which was completed in July 2024. Other factors that supported the result include favourable natural hazard experience, positive investment returns and the nonrecurrence of prior year reserve strengthening, which impacted the prior period.

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