Prudential second-quarter net profit of 1.08 billion U.S. dollars
YORK August 5 am news, according to foreign media reported yesterday, the second largest U.S. life insurance company Prudential Financial (Prudential Financial Inc) today announced second quarter fiscal year 2010 earnings. Report, Prudential Financial during the quarter achieved four consecutive quarterly profit rose because the company's investment performance has improved.
report, Prudential Financial second-quarter net profit of 10.8 billion dollars, 163 million U.S. dollars last year increased by 6 times. Not included in insurance policies sold before listing and some of the investment performance, Prudential second-quarter earnings per share were 1.51 U.S. dollars, exceeding analysts had expected. Bloomberg News survey of 17 analysts surveyed Prudential Financial on average expected earnings per share for the second quarter of 1.51 U.S. dollars.
Prudential Financial in the second quarter was 212 million U.S. dollars to achieve investment returns, last year the company's investment loss of 868 million U.S. dollars. Prudential Financial, said the company's investment in derivatives, the investment performance of the second quarter, played a 349 million U.S. dollars to boost the role, but was 169 million U.S. dollars of assets, partially offset by impairment. (Civil and military)
