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