Safety Insurance Shows Fourth Quarter Profits
Safety Insurance Group Inc. (SAFT) on Tuesday reported profit of $8.1 million in its fourth quarter.
On a per-share basis, the Boston-based company said it had net income of 55 cents. Earnings, adjusted for non-recurring costs, came to 94 cents per share.
The automobile insurance provider posted revenue of $286.7 million in the period.
For the year, the company reported profit of $70.7 million, or $4.78 per share. Revenue was reported as $1.12 billion.
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