The latest update is out from PICC Property & Casualty Co ( (HK:2328) ).
PICC Property & Casualty Co. announced its unaudited financial results for the first quarter of 2025, highlighting a significant year-on-year increase in both insurance revenue and net profit. The company achieved an insurance revenue of RMB 120,741 million and a net profit of RMB 11,312 million, representing increases of 6.1% and 92.7% respectively. The company optimized its business structure, improved its insurance service capacity, and capitalized on the recovery of China’s economy. It also reported a substantial increase in underwriting profit and total investment income, reflecting its strategic focus on high-quality development and long-term investment.
More about PICC Property & Casualty Co
PICC Property & Casualty Co. is a joint stock company incorporated in China, focusing on the insurance industry. It provides a range of insurance products, with a strong emphasis on motor vehicle insurance and non-motor vehicle insurance, and aims to build a world-class insurance financial group.
YTD Price Performance: 20.67%
Average Trading Volume: 5,000
Technical Sentiment Signal: Sell
Current Market Cap: $40.08B
Find detailed analytics on 2328 stock on TipRanks’ Stock Analysis page.