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People’s Insurance Co of China Projects Robust Profit Growth
Company Announcements

People’s Insurance Co of China Projects Robust Profit Growth

People’s Insurance Co (Group) of China (HK:1339) has released an update.

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The People’s Insurance Company of China has announced a substantial profit increase for the first three quarters of 2024, with net profits expected to rise by 65% to 85% compared to the same period last year. This growth is attributed to strategic business optimizations and a favorable capital market recovery, leading to enhanced cost efficiency and investment income.

For further insights into HK:1339 stock, check out TipRanks’ Stock Analysis page.

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