MAS posts $73.1m profit as investment gains outpace claims
Medical and financial services mutual MAS reported a $73.1m profit for the year ended March 31, boosted by strong investment returns and lower insurance claims.
Medical and financial services mutual MAS has reported a $73.1 million annual profit for the year ended March 31, marking its third consecutive year of strong profitability. Strong investment returns and lower-than-expected insurance claims drove the result. The company's equity lifted to $380.5 million, while total assets reached approximately $572 million.
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MAS posts $73.1m profit as investment gains outpace claims
Medical and financial services mutual MAS has reported a $73.1 million annual profit, helped by strong investment returns and lower-than-expected insurance claims. The result for the year ended March 31 marked MAS’ third consecutive year of strong profitability and lifted…