Prudential Q1 sales up 26% at $1.2 b

The company’s sales figure had stood at £640 million in the year-ago period, Prudential said in a statement.

Prudential’s new business profit surged by 27 per cent from the year-ago period to £427 million in the first quarter of 2010. “Our record performance in 2009 continued into first quarter of 2010. We maintained our focus of allocating capital to the most profitable opportunities and have, as a result, delivered strong growth in new business profit,” Group Chief Executive Tidjane Thiam said.

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