Prudential H1 Profit Plunges - Quick Facts

(RTTNews) - UK insurer Prudential Plc (PUK, PRU.L) reported a sharp fall in first-half IFRS profit attributable to equity holders of the company to 365 million pounds, or 14.3 pence per share, from 887 million pounds, or 34.9 pence per share, a year ago. On an IFRS basis, pre-tax profit attributable to shareholders dipped to 506 million pounds, from 1.17 billion pounds, last year.

According to European Embedded Value or EEV basis, profit attributable to equity holders of the company, however, climbed to 1.92 billion pounds, from 1.36 billion pounds in the 2012 period, with EEV per-share earnings growing year-over-year to 75.5 pence, from 53.8 pence.

IFRS total revenue, net of reinsurance was 22.39 billion pounds, compared with the prior year's 23.36 billion pounds.