PICC Property & Casualty Co ( (HK:2328) ) just unveiled an update.
PICC Property & Casualty Co., Ltd. announced an estimated net profit increase of approximately 80% to 100% for the first quarter of 2025 compared to the same period in 2024. This significant profit growth is attributed to the company’s strategic focus on strengthening business operations, optimizing expense inputs, and increasing high-quality equity asset allocations amidst China’s economic recovery. The company remains optimistic about China’s economic prospects and aims to support the stability of the capital market.
More about PICC Property & Casualty Co
PICC Property & Casualty Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on providing insurance services. The company is part of the PICC Group and aims to build a world-class insurance financial group, enhancing its business structure and risk reduction services.
YTD Price Performance: 16.00%
Average Trading Volume: 5,300
Technical Sentiment Signal: Strong Sell
Current Market Cap: $38.89B
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