Financial Performance - The company achieved double-digit growth across key financial metrics, with new business profit increasing by 12% to $1.3 billion and operating profit after tax per share growing by 12% [3][28][29] - Gross operating free surplus generation rose by 14%, marking a significant inflection point in capital generation [4][29] - The dividend per share increased by 13% to 7.71¢, reflecting strong financial performance and commitment to shareholder returns [4][29] Business Lines Performance - New business profit in Hong Kong rose by 16%, driven by growth in both agency and bank assurance channels [9][32] - Indonesia saw exceptional growth with new business profit up 34%, benefiting from a strong agency and bank assurance performance [11][32] - The health segment reported a 13% increase in new business profit and earned premiums, with over 300,000 new health customers acquired [15][32] Market Performance - In Malaysia, bank assurance performed strongly, but agency contributions were lower, leading to an overall decline in new business profit [33] - Across growth segments, new business profit was up 11%, driven by strong performances in Taiwan, Thailand, and African markets, partially offset by Vietnam [12][32] - The company remains optimistic about its Mainland China business, focusing on quality growth and effective risk management [10][32] Strategic Direction and Industry Competition - The company is focused on high-quality sustainable growth and enhancing shareholder returns through a revised capital allocation framework [5][26] - Strategic priorities include strengthening distribution capabilities, particularly in agency and bank assurance, and enhancing customer engagement [7][24] - The company is well-positioned to capture growth opportunities in high-growth markets such as Greater China, ASEAN, India, and Africa [2][24] Management Commentary on Operating Environment and Future Outlook - Management expressed confidence in achieving 2025 guidance and 2027 objectives, emphasizing disciplined execution of strategy [3][25] - The company is committed to returning over $5 billion to shareholders between 2024 and 2027, reflecting strong capital generation [5][55] - Management highlighted the importance of quality new business and effective management of in-force products to drive future growth [23][55] Other Important Information - The company has invested $400 million in modernizing technology and capabilities since launching its five-year strategy in 2023 [20][21] - The agency force remains a key strength, contributing 55% of new business profit, with ongoing efforts to enhance recruitment and training [16][18] - The company is leveraging AI and digital platforms to improve productivity and customer engagement [19][22] Q&A Session Summary Question: What are the expectations for new business profit growth in the second half of the year? - Management expects growth to normalize in the second half due to strong prior year comparators, particularly in Indonesia [11][32] Question: How is the company addressing challenges in Malaysia and Vietnam? - The company has clear plans to rebuild momentum and strengthen its position in both markets, focusing on agency performance improvements [20][32] Question: What is the outlook for the Mainland China business? - Management is optimistic about the Mainland China business, prioritizing quality growth and effective risk management [10][32]

Core Insights - Prudential (02378.HK) reported a 12% increase in new business profit to $1.26 billion for the first half of 2025, based on traditional embedded value [1] - Operating free surplus from effective insurance and asset management increased by 14% to $1.56 billion [1] - Adjusted pre-tax operating profit rose by 6% to $1.644 billion, while adjusted post-tax operating profit increased by 7% to $1.366 billion [1] Financial Performance - Adjusted operating profit per share was $0.493, reflecting a 12% increase [1] - The group's traditional embedded value equity stood at $35 billion, equivalent to $13.54 per share [1] - Free surplus ratio decreased to 221% from 234% as of December 31, 2024, with regulatory shareholder surplus exceeding $16.2 billion, representing a coverage ratio of 267% [1] Shareholder Returns - The company repurchased 72 million shares for $711 million, with plans to complete the current buyback program by year-end [2] - The first interim dividend increased by 13% to $0.0771 per share, compared to $0.0684 per share in 2024 [2] - The capital management update indicates a shift to total return-oriented capital flow, with expected annual ordinary share dividend growth of over 10% from 2025 to 2027 [2] Management Commentary - CEO Anil Wadhwani expressed satisfaction with the strong performance in the first half of 2025, noting double-digit growth in key metrics [2] - The company has reached a turning point in capital generation, allowing for an updated capital management plan and enhanced shareholder returns [2] - The company is confident in sustaining growth momentum into the second half of the year and beyond, aiming for financial targets by 2027 [2]

执行总裁Anil Wadhwani(华康尧)谈及业绩时表示："我们对2025年上半年度的强劲表现感到满意。关键 指标均录得双位数增长，符合我们于今年较早前提出的指引。我们已达至资本产生的转折点，从而能够 更新资本管理计划并提升股东回报，这印证我们的业务模式及其持续产生现金回报的能力。凭藉业务增 长驱动因素方面的策略进展及投资，我们深信能够将此增长势头延续至下半年度以至更长远的未来，并 稳定迈向2027年财务目标。" 保诚(02378)发布截至2025年6月30日止6个月中期业绩，按传统内含价值基准的新业务利润增加12%至 12.60亿美元;经调整税前经营溢利增加6%至16.44亿美元，经调整税后经营溢利增加7%至13.66亿美元;以 经调整经营溢利为基础的每股盈利为49.3美分，增加12%。 ...

执行总裁 Anil Wadhwani(华康尧)谈及业绩时表示："我们对2025年上半年度的强劲表现感到满意。关键 指标均录得双位数增长，符合我们于今年较早前提出的指引。我们已达至资本产生的转折点，从而能够 更新资本管理计划并提升股东回报，这印证我们的业务模式及其持续产生现金回报的能力。凭藉业务增 长驱动因素方面的策略进展及投资，我们深信能够将此增长势头延续至下半年度以至更长远的未来，并 稳定迈向2027年财务目标。" 智通财经APP讯，保诚(02378)发布截至2025年6月30日止6个月中期业绩，按传统内含价值基准的新业务 利润增加12%至12.60亿美元;经调整税前经营溢利增加 6%至16.44亿美元，经调整税后经营溢利增加7% 至13.66亿美元;以经调整经营溢利为基础的每股盈利为 49.3 美分，增加 12%。 ...

EF004 EF004 除淨日 2025年9月4日 為符合獲取股息分派而遞交股份過戶 文件之最後時限 2025年9月5日 16:30 暫停辦理股份過戶登記手續之日期 不適用 記錄日期 2025年9月5日 股息派發日 2025年10月16日 股份過戶登記處及其地址 香港中央證券登記有限公司 1712-1716室 17樓 合和中心 皇后大道東183號 灣仔 香港 代扣所得稅信息 股息所涉及的代扣所得稅 不適用 發行人所發行上市權證/可轉換債券的相關信息 發行人所發行上市權證/可轉換債券 不適用 其他信息 Prudential plc（「本公司」）董事會（「董事會」）謹此宣佈： (1)二零二五年第一次中期股息每股普通股7.71美分將於二零二五年十月十六日（星期四）派發予(a)於二零二五年九月五日（星期 五）下午五時正（英國夏令時間）名列英國股東名冊的股東；及(b)於二零二五年九月五日（星期五）下午四時三十分（香港時 間）名列香港股東名冊分冊的股東。於二零二五年九月五日（星期五）下午五時正（新加坡時間）於The Central Depository (Pte) Limited的證券賬戶進賬額持有股份的股東（「CDP股 ...

香港交易及結算所有限公司、香港聯合交易所有限公司及新加坡證券交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因依賴該等內容而引致的任何 損失承擔任何責任。 （於英格蘭及威爾斯成立及註冊的有限責任公司，註冊編號為 01397169 ） （股份代號：2378） 二零二五年第一次中期股息 隨附之公告由 Prudential plc 於以下日期發佈。 承董事會命 Prudential plc Tom Clarkson 公司秘書 香港和倫敦，二零二五年八月二十七日 截至本公告日期，Prudential plc 的董事會成員為： 主席 Shriti Vadera Jeremy David Bruce Anderson (安德森) CBE、Arijit Basu、蔡淑君、Guido Fürer、路明、 George David Sartorel、Mark Vincent Thomas Saunders (馬崇達) FIA, FASHK、 Claudia Ricarda Rita Suessmuth Dyckerhoff、王開源 及 葉約德 * ...

香港交易及結算所有限公司、香港聯合交易所有限公司及新加坡證券交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因依賴該等內容而引致的任何損失 承擔任何責任。 （於英格蘭及威爾斯成立及註冊的有限責任公司，註冊編號為 01397169 ） （股份代號：2378） 新聞稿及截至二零二五年六月三十日止六個月 的半年度業績 隨附之公告由 Prudential plc 於以下日期發佈。 二零二五年八月二十七日，香港 截至本公告日期，Prudential plc 的董事會成員為： 主席 Shriti Vadera 執行董事 Anil Wadhwani (華康堯) （執行總裁） 獨立非執行董事 Jeremy David Bruce Anderson (安德森) CBE、Arijit Basu、蔡淑君、Guido Fürer、路明、 George David Sartorel、Mark Vincent Thomas Saunders (馬崇達) FIA, FASHK、 Claudia Ricarda Rita Suessmuth Dyckerhoff ...

Prudential plc 2025 Half Year Results 27 August 2025 2378.HK PRU.L Forward-looking statements This document contains 'forward-looking statements' with respect to certain of Prudential's (and its wholly and jointly owned businesses') plans and its goals and expectations relating to future financial condition, performance, results, strategy and objectives. Statements that are not historical facts, including statements about Prudential's (and its wholly and jointly owned businesses') beliefs and expectations a ...

Core Viewpoint - Prudential Financial, Inc. (PRU) is currently experiencing a short-term bullish trend as it trades above its 50-day simple moving average (SMA), which is a key indicator for identifying support and resistance levels [1] Price Performance - Year-to-date, Prudential Financial shares have declined by 8%, underperforming the Finance sector and the Zacks S&P 500 Composite, which grew by 12.5% and 9.8% respectively [2] - The company's market capitalization stands at $38.4 billion, with an average trading volume of 1.6 million shares over the last three months [2] Valuation Metrics - Prudential Financial shares are trading at a price-to-forward 12-month earnings ratio of 7.58X, which is lower than the industry average of 9.15X, indicating that the shares are affordable compared to peers [4] Earnings Projections - The Zacks Consensus Estimate for Prudential Financial's 2025 earnings per share indicates an 8.1% year-over-year increase, with revenue estimates at $55.73 billion [6] - For 2026, earnings per share and revenues are projected to rise by 8.5% and 4.2% respectively from the 2025 estimates [9] Analyst Sentiment - The Zacks Consensus Estimate for 2025 earnings has increased by 1.4% in the past 30 days, while the estimate for 2026 has risen by 0.5% during the same period [10] Growth Drivers - Key growth drivers for Prudential include strong asset-based operations, gains in Group Insurance, and an expanding international presence, particularly in Japan, Brazil, and Malaysia [8][14] - The company ranks among the top five U.S. individual life insurers, supported by recurring premium growth and an expanded product mix [17] Financial Strategy - Prudential Financial is focused on enhancing shareholder value through consistent capital returns, having raised its dividend five times in the past five years, reflecting a 4.27% growth in payouts [19] - A $1 billion share buyback program was approved in December 2024, with $500 million remaining under authorization [19] Financial Challenges - The company faces challenges from prolonged low interest rates, rising expenses, and weaknesses in its group disability business, which pressure margin expansion [20] - As of June 30, 2025, total debt reached $20.9 billion, a 4% increase from the end of 2024, leading to a debt-to-equity ratio of 39.32%, higher than the industry average [22]

Group 1 - The company has reported earnings for 2025 that have been affected by mark-to-market losses, but on an adjusted basis, it is experiencing positive performance [1] - The investment approach focuses on fundamental long-term strategies, including a combination of long stock positions with covered calls and cash secured puts [1] Group 2 - The company primarily covers REITs and financials, with occasional insights on ETFs and other stocks influenced by macroeconomic trade ideas [1]