August 14, 2019 / 8:45 AM / a month ago

Prudential H1 operating profit up 14%; to demerge in Q4

LONDON, Aug 14 (Reuters) - British insurer Prudential on Wednesday posted a 14% rise in half year operating profit, driven by growth in its Asian business.

Group operating profit from continuing operations, excluding its M&G Prudential unit, which Prudential said would be demerged in the fourth quarter, was 2.02 billion pounds ($2.44 billion).

$1 = 0.8290 pounds Reporting by Simon Jessop; editing by Kirstin Ridley

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