Published:
Toa Reinsurance posts $103m profit in full-year earnings
Ordinary income contracted by 5.8% YoY to $2.17m during the year.
Toa Reinsurance’s full-year (FY 2024) net income surged (534.9%) on a year-on-year (YoY) basis to $103m (¥15.56b).
Ordinary income contracted by 5.8% YoY to $2.17m (¥329.07m).
Similarly, the company’s ordinary expenses slimmed down by 8.9% YoY to $1.90m (¥288.087m).
This led to a net profit of $0.14m (¥21.20m).
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