AXA Asia Pacific ASX AXAAXA 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 was one of the hot stocks late last year after agreeing to AMP’s takeover offer for the group.

On 15 February AXA announced a 1H11 net profit of $602 million, down 11% from a year earlier.

Investment earnings were unchanged at $185.1 million, with the positive impact of falling US bond yields offsetting negative equity market returns.

In Australia, earnings were up 8% to $190 million, mainly due to higher fee revenue.  However, earnings at Hong Kong were down 11% to $297 million.

AXA declared an interim dividend of 9.25 cents (unfranked), which was unchanged from a year ago, whilst its share price fell 0.2%.

Keep up to date with AXA and all dividend stock news with your free trial.

7 day free trial
 



asx-share-price

To start your Free 7 day trial please complete your details below

* required fields

IMPORTANT: an activation code will be sent via SMS, please enter your preferred mobile number



Disclaimer: The content of this blog does not constitute a recommendation nor does it take into account your investment objectives, financial situation nor particular needs. Before acquiring or using any of Australian Stock Report's products, you should obtain and consider our Financial Services Guide. Australian Stock Report Ltd (ACN 106 863 978) is licensed as an Australian Financial Services Licensee pursuant to section 913B of the Corporations Act 2001. AFS Licence 301682. Any content within this email remains the property of Australian Stock Report and should not be reproduced without the consent of Australian Stock Report
RSS Feed