People’s Insurance Co (Group) of China (HK:1339) has released an update.
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The People’s Insurance Company (Group) of China Limited reported a positive financial performance for the first half of 2024, with a profit of RMB 31.489 billion, up from RMB 27.780 billion the previous year. Key highlights include a rise in insurance revenue to RMB 261.629 billion and earnings per share growth from RMB 0.47 to RMB 0.53. These results reflect the company’s robust operational income and controlled expenses, signaling a strong outlook for investors and stakeholders.
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