AMP (ASX:AMP) has reported its profit attributable to shareholders fell 14.9 per cent in the first half of the 2017 financial year to $445 million (compared to the $523 million in the prior corresponding period).
The leading wealth manager’s total comprehensive income fell to $460 million for the half year ended 30 June 2017, down from $975 million.
AMP says its underlying investment income fell $11 million from the first half to $50 million, on the back of lower shareholder capital resources.
The company declared a 2017 interim dividend of 14.5 cents per share, franked at 90 per cent.
Shares in AMP (ASX:AMP) last traded 0.93 per cent higher to $5.41.