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Snowball heralds recovery as Suncorp profits increase A$432m in 2010

patrick-snowball

Australian financial services group Suncorp has recorded a net profit after tax of A$780m for the full year to 30 June 2010, (2009: A$348m).

Profit after tax from business lines was up 37% on the previous financial year, with the sale of the LJ Hooker subsidiary and Suncorp’s joint venture interests in RACQ Insurance and RAA Insurance

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