AMP lifts profit in a challenging year
AMP lifts profit in a challenging year Updated: 15:27, Thursday February 21, 2013 Wealth manager AMP has posted another year of profit growth as the consolidation of its $4 billion purchase of AXA Asia Pacific coincides with improving financial markets.
It lifted underlying operating profit to $1.38bn from $1.30bn over the same period the previous year as revenue excluding the impact of currency movements climbed 2% to $3.28bn.