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Article: American Heritage Life Investment Corporation announces record earnings from operations reported for year ended December 31, 1988.
- Article from:
- PR Newswire
- Article date:
- February 9, 1989
CopyrightCOPYRIGHT 1989 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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AMERICAN HERITAGE LIFE INVESTMENT CORPORATION ANNOUNCES RECORD EARNINGS FROM OPERATIONS REPORTED FOR YEAR ENDED DECEMBER 31, 1988
JACKSONVILLE, Fla., Feb. 9 /PRNewswire/ -- American Heritage Life Investment Corporation (NYSE: AHL) today reported record earnings from operations of $10,864,320 for the year ended December 31, 1988. This compared with $9,868,269 for the year ended December 31, 1987, an increase of 10.1%. On a per share basis, earnings from operations reached $2.41 compared with $2.14 for the year ended 1987.
For the three months ended December 31, 1988, earnings from operations were $2,733,577 up from the prior year's fourth quarter ...