Given a piece of financial news and its polarity, classify it into 'true' if the polarity is correct and classify into 'false' if the polarity is incorrect. Output must be 'true' or 'false'.

news:In its financial report , published on Friday , SEB said its net profit soared to SEK6 .745 bn in 2010 from a year-earlier SEK1 .114 bn and proposed a 50 % dividend increase to SEK1 .50 per share .
polarity:positive
true