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Portfolio > Economy & Markets > Fixed Income

Manulife Reports Higher 4th Quarter Net Income

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NU Online News Service, Feb. 4, 12:49 p.m. – Manulife Financial Corp., Toronto, is reporting the equivalent of $234 million in net income in U.S. currency for the fourth quarter of 2002 on $2.7 billion in revenue, compared with $211 million in net income on $2.8 billion in revenue for the fourth quarter of 2001.

The conversions here are based on an exchange rate of $1=1.5769 Canadian dollars for the 2002 results, and an exchange rate of $1=1.5911 Canadian dollars for the 2001 results, using figures provided by OANDA Corp., New York.


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