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Article: Ceres Group Reports $3.9 Million Net Income For Third Quarter 2000; $12.3 Million For First Nine Months.
- Article from:
- PR Newswire
- Article date:
- November 9, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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* 3Q2000 pre-tax income increases 49 percent to $6.1 million, compared to
3Q99 $4.1 million; pre-tax income for first nine months up 56 percent to
$19.0 million, compared to $12.2 million
* Net income per diluted share increases 24 percent to 21 cents for 3Q2000
vs. 17 cents in 3Q99; 79 cents for first nine months vs. 51 cents
* Gross premium revenue before reinsurance ceded increases 23 percent to
$203.9 million vs. $165.8 million; $561.2 million for first nine months