sector: Financials ·
industry: Insurance - Life & Health ·
As of
26 Nov 2009
5.67AUD
AXA Asia Pacific Holdings Limited (AXA APH) operates financial protection, wealth management and advice businesses in Australia, New Zealand, Hong Kong, Singapore, Thailand, the Philippines, Indonesia, China, India and Malaysia. It acts as the holding company for AXA APH Group’s life insurance, wealth management and advice businesses. AXA APH is organized geographically (primary segment reporting) into three operating divisions. The Australia and New Zealand segment is engaged in the life insurance and wealth management. The Hong Kong segment includes life insurance and wealth management. The Asia ex Hong Kong segment includes life insurance and wealth management in China, Singapore and other Asian regions. On January 22 2008, the Company acquired 100% of Sinopro Investment Consulting Enterprise (Sinopro Taiwan). On 30 June 2008, it completed its 100% acquisition of Genesys Group Holdings Pty Ltd (Genesys).
BRIEF: For the six months ended 30 June 2009, AXA Asia Pacific Holdings Limited's revenues totaled A$1.98B vs. a negative revenue of A$957M. Net income totaled A$270M, up from A$94M. Revenues reflect higher premium income, an increase in fees & other operating income and the presence of investment income vs. a loss. Net income reflects decreased finance costs and improved gross & operating profit margins.
AXA Asia Pacific Holdings Limited
447 Collins Street
Melbourne VIC 3000
P: +613.96163911
F: +613.96142240