Huize Holding ( (HUIZ) ) has shared an announcement.
Huize Holding Limited announced its unaudited financial results for the fourth quarter and full year of 2024, reporting record-high gross written premiums of RMB6,158.6 million and first-year premiums of RMB3,421.0 million, driven by strong demand for long-term savings products and international expansion. Despite a net loss in the fourth quarter, the company achieved non-GAAP profitability for the second consecutive year, highlighting its strategic focus on high-quality customers and international growth, including successful integration of Global Care in Vietnam and plans to enter Singapore and the Philippines.
More about Huize Holding
Huize Holding Limited is a leading insurance technology platform in Asia, connecting consumers, insurance carriers, and distribution partners through data-driven and AI-powered solutions. The company focuses on serving mass affluent consumers with life-long insurance needs.
YTD Price Performance: 0.95%
Average Trading Volume: 22,986
Technical Sentiment Signal: Buy
Current Market Cap: $31.83M
For detailed information about HUIZ stock, go to TipRanks’ Stock Analysis page.