Summary by Moomoo AI
AIA announced its mid-year earnings report for 2024, showing that as of June 30, 2024, the performance for the six months has demonstrated a 25% growth in new business value to 2.45 billion USD, with an annualized new premium increase of 17% to 4.55 billion USD. After-tax operating profit per share and basic earnings per share of free earnings both increased by 10%, with the mid-year dividend per share increasing by 5.2% to HKD 44.50 cents. After-tax operating profit reached 3.86 billion USD, a 10% annual increase, and the shareholder return on operating equity rose from 13.5% last year to 15.3%. It has set a target compound annual growth rate for after-tax operating profit per share from 2023 to 2026 to be between 9% and 11%. Basic free earnings generated amounted to 3.39 billion...Show More