May 1, 2008 / 4:27 PM / 10 years ago

Great-West Lifeco quarterly profit rises 27 percent

TORONTO (Reuters) - Great-West Lifeco (GWO.TO) said on Thursday that earnings rose 27 percent in the first quarter, helped by two one-time items.

    Great-West, Canada’s second-largest life insurance company, said profit was C$654 million ($641.2 million) in the quarter ended March 31, or 73 Canadian cents a diluted share. That was up from C$514 million, or 57 Canadian cents, in the same 2007 period.

    ($1=$1.02 Canadian)

    Reporting by Lynne Olver; Editing by Peter Galloway

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below