Prudential Plc's New Business Profit Rises 10% in Nine Months to September

MT Newswires

2024/11/06

Prudential Plc (SGX:K6S, HKG:2378) reported a new business profit of $2.35 billion for the nine months ended Sept. 30, an increase of 10% on actual exchange rate from $2.14 billion in the prior year period, according to a Wednesday filing with the Hong Kong bourse.

The insurer's annual premium equivalent sales for the period was $4.64 billion, a 5% increase from $4.42 billion a year ago.

The company expects a profit growth of between 9% and 14% for the fiscal year 2024 at the current trajectory.

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