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AMP profits down to $366m

Posted August 28, 2008 10:44:00

The global credit crunch and share market volatility have cut into the interim earnings of AMP.

The insurer and financial investment company says net profit has fallen by nearly a quarter to $366 million for the first half of 2008.

Underlying profit fell 2 per cent.

Investors will get an interim dividend of 22 cents a share, unchanged from a year ago.

Tags: business-economics-and-finance, company-news, industry, insurance, australia

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