AXA Asia Pacific (AXA) is a diversified financial services company that has been operating in Australia for over 100 years.
The company’s main products are spread across investments, insurance, retirement and superannuation
AXA recently confirmed a 19% fall in 1H10 net profit to $219.2 million, from $270.4 million a year earlier.
The result was affected by a $16.5 million loss in investment earnings, as operating profit actually rose 6% to $270.3 million.
AXA reported the strongest growth in its South East Asian operations, which were characterised by an increase in sales and fee revenue.
AXA also declared an interim dividend of 9.25 cents, which was unchanged from last year.
Written by: admin Other posts from: admin
Posted in ASX Blue Chip Shares, ASX Top 200 XJO, ASX Top 500 All Ordinaries, Best Shares, Financial News, Financial Stocks, General, Hot Stock Picks, Market Sectors News, S&P ASX News, Top Stocks