AMP H1 Net Profit Climbs 57% as China Partnerships and Wealth Platforms Lead Growth
AMP Limited reported a 57% rise in statutory net profit for the six months to June 30, led by gains from China partnerships and its wealth platforms. Revenue edged up 4%, while underlying profit and returns improved. The group declared a higher interim dividend and revealed a second on-market buyback tranche, even as AMP Bank posted a decline in pr…