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AIA’s net profits increase by 24% in the first half of 2011

AIA Group has announced a record performance for the six months ended 31 May 2011, with Value of New Business (VONB) rising 32% compared with the same period last year to US$399 million. Under International Financial Reporting Standards (IFRS), the group reported net profit of US$1,314 million for the period, an increase of 24% compared with the same period in…

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