AXA Asia Pacific FY net falls 11 pct on strong currency

lundi 14 février 2011 23h06
 

SYDNEY Feb 15 (Reuters) - AXA Asia Pacific , which is being taken over by AMP for $13 billion, said net profit for the year fell 11 percent to A$601.6 million, ($603.3 million) hurt by a strong Australian dollar and losses in some Asian operations.

AXA Asia declared a final dividend of 9.25 cents a share and said group funds under management, administration and advice fell 9 percent to A$73.8 billion.

($1 = 0.997 Australian Dollars) (Reporting by Narayanan Somasundaram; Editing by Balazs Kornayi)