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SUN LIFE FINANCIAL POSTS US$1.5 BLN EARNINGS FOR 2003.
(Full text of this release can be found at http://www.asianet.com.au)
TORONTO, Jan. 29 /CNW-AsiaNet/ -- Sun Life Financial Inc. (NYSE/TSX: SLF) today announced record operating earnings for 2003 of more than US$1.5 billion before a US$211 million after-tax provision taken to provide for the potential cost of regulatory and other actions which may be brought against Massachusetts Financial Services Company (MFS) related to frequent trading in certain MFS mutual funds. Including this charge, net income was US$1.3 billion for the full year, and US$206 million or 34 cents per share for the fourth quarter ended December 31, 2003. Operating income for the fourth ...
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