An update from China Pacific Insurance (Group) Co ( (HK:2601) ) is now available.
China Pacific Insurance (Group) Co., Ltd. announced its audited annual results for 2024, highlighting a significant year-on-year growth in operating income and net profit. The company achieved a 24.7% increase in operating income, reaching RMB404.089 billion, and a 64.9% rise in net profit to RMB44.960 billion. The group’s focus on strategic growth and transformation has led to improvements in business quality and policy persistency, with notable gains in its life insurance segment. Additionally, the company has enhanced its ESG rating and achieved top ratings for information disclosure, reflecting its commitment to sustainable and transparent operations.
More about China Pacific Insurance (Group) Co
China Pacific Insurance (Group) Co., Ltd. is a major player in the insurance industry, providing a range of insurance products and services. The company is focused on maintaining steady growth in its core business segments and is committed to high-quality development, with a strong emphasis on ESG initiatives.
YTD Price Performance: 21.67%
Average Trading Volume: 320
Technical Sentiment Signal: Strong Sell
Current Market Cap: $39.28B
See more data about 2601 stock on TipRanks’ Stock Analysis page.