Manulife’s first-quarter profit rises on Asia unit strength
Manulife Financial Corp MFC-T reported a jump in first-quarter profit on Wednesday, driven by robust performance in its Asia unit.
The country’s largest insurer posted core earnings of $1.75-billion, or 94 cents per share, in the three months ended March 31, compared with $1.53 billion, or 79 cents per share, a year earlier.
