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People’s Insurance Co (Group) of China ( (HK:1339) ) has provided an announcement.
The People’s Insurance Company (Group) of China Limited has announced an estimated significant increase in net profit for 2024, ranging from RMB39,853 million to RMB44,407 million, marking a 75% to 95% rise compared to 2023. This growth is attributed to the company’s strategic focus on optimizing its business structure, improving efficiency, and capitalizing on market opportunities, reinforcing its commitment to high-quality development in accordance with national guidelines.
More about People’s Insurance Co (Group) of China
The People’s Insurance Company (Group) of China Limited operates in the insurance industry, providing a range of insurance services. As a joint stock company incorporated in the People’s Republic of China, it focuses on financial development with Chinese characteristics, adhering to national regulations and priorities.
YTD Price Performance: 7.02%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $38.83B
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