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China Reinsurance Reports Strong 2024 Financial Results

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China Reinsurance Reports Strong 2024 Financial Results

Confident Investing Starts Here:

The latest announcement is out from China Reinsurance (Group) Corp. Class H ( (HK:1508) ).

China Reinsurance (Group) Corporation announced its audited consolidated results for the year ended December 31, 2024, reporting a significant increase in net profit to RMB 11.08 billion from RMB 5.79 billion in 2023. The company has successfully implemented new international financial reporting standards, which contributed to improved financial performance and operational efficiency, reflecting positively on its market positioning and stakeholder confidence.

More about China Reinsurance (Group) Corp. Class H

China Reinsurance (Group) Corporation is a joint stock limited liability company incorporated in the People’s Republic of China. It operates in the reinsurance industry, providing insurance and financial services, with a focus on implementing international financial reporting standards to enhance transparency and efficiency.

YTD Price Performance: 17.00%

Average Trading Volume: 39,770

Technical Sentiment Signal: Sell

Current Market Cap: €5.47B

For detailed information about 1508 stock, go to TipRanks’ Stock Analysis page.

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