Prudential PLC Shows Strong Q1 Growth

Prudential PLC (PUK) has released an update.

Prudential PLC reports an 11% increase in Q1 2024 new business profit to $810 million, excluding economic impacts, with total APE sales growing by 7% to $1,625 million. This growth reflects a resilient consumer demand across Asia, with notable performance in Hong Kong and continued sales momentum in Singapore. The company’s CEO expresses confidence in meeting the 2027 financial goals, underpinned by a robust multi-market distribution model and a focus on creating shareholder value.

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