tiprankstipranks

New China Life Insurance Reports Strong 2024 Financial Results and Dividend Plans

Story Highlights
  • New China Life Insurance announced audited 2024 financial results, approved by its board.
  • The company plans a total dividend of RMB7,893 million, pending shareholder approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
New China Life Insurance Reports Strong 2024 Financial Results and Dividend Plans

An announcement from New China Life Insurance Co., Ltd. Class H ( (HK:1336) ) is now available.

New China Life Insurance Co., Ltd. announced its audited financial results for the year ending December 31, 2024, which were approved by the board and audited by Deloitte Touche Tohmatsu. The company plans to distribute a total dividend of RMB7,893 million for 2024, representing approximately 30.1% of its net profit attributable to shareholders, pending approval at the shareholders’ general meeting. The announcement underscores the company’s commitment to transparency and shareholder returns, highlighting its robust financial performance and strategic risk management efforts.

More about New China Life Insurance Co., Ltd. Class H

New China Life Insurance Co., Ltd. is a major player in the insurance industry, providing a range of life insurance products and services primarily in China. The company is focused on delivering comprehensive insurance solutions to its clients, maintaining a strong presence in the Chinese market.

YTD Price Performance: 18.22%

Average Trading Volume: 17,789,870

Technical Sentiment Signal: Sell

Current Market Cap: HK$142.6B

For a thorough assessment of 1336 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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