tiprankstipranks
PICC Property & Casualty Co. Reports Strong 2024 Financial Growth
Company Announcements

PICC Property & Casualty Co. Reports Strong 2024 Financial Growth

PICC Property & Casualty Co (HK:2328) has released an update.

Don't Miss our Black Friday Offers:

PICC Property & Casualty Co. Ltd. reported a notable financial performance for the first nine months of 2024, with a year-on-year increase of 5.3% in insurance revenue, reaching RMB 364,306 million. The company’s net profit surged by 38% to RMB 26,750 million, driven by its strategic focus on high-quality development and optimized operations. Additionally, the firm’s total investment income grew significantly, reflecting a favorable market recovery and an increased investment in secondary equity.

For further insights into HK:2328 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskPICC Property & Casualty Co. Sees Insurance Premium Growth
TipRanks HongKong Auto-Generated NewsdeskPICC’s Investor Day Highlights Green Insurance Innovation
TipRanks Auto-Generated NewsdeskPICC Property & Casualty: Strong Performance and Strategic Focus
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