tiprankstipranks
China Life Insurance Projects Significant Profit Surge for 2024
Company Announcements

China Life Insurance Projects Significant Profit Surge for 2024

Story Highlights

Invest with Confidence:

The latest announcement is out from China Life Insurance Co ( (HK:2628) ).

China Life Insurance Company has announced an estimated substantial increase in its net profit for the year 2024, projecting a rise of approximately 100% to 144% compared to 2023. The preliminary financial estimates indicate a significant improvement in profitability, reflecting positively on the company’s operational performance and market positioning, although these figures are yet to be audited.

More about China Life Insurance Co

China Life Insurance Company Limited operates in the insurance industry, focusing primarily on life insurance services for individuals and businesses. It is a major player in the Chinese market, providing a range of insurance and financial services.

YTD Price Performance: -2.70%

Average Trading Volume: 10,186

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $130.9B

See more insights into 2628 stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App