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Company

CPIC Q1-Q3 nets RMB 12.715bln, up 16.4 pct y-o-y

October 29, 2018


Abstract : China Pacific Insurance (Group) Co., Ltd (CPIC) announced that it achieved net profit of 12.715 billion yuan in the first three quarter of this year, up 16.4 percent year on year, up 16.4 percent year on year.

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BEIJING, Oct. 29 (Xinhua)-- China Pacific Insurance (Group) Co., Ltd (CPIC) announced that it achieved net profit of 12.715 billion yuan in the first three quarter of this year, up 16.4 percent year on year.

According to a company filing released by Shanghai Stock Exchange, it realized premiums of 166.31 billion yuan from January to September, up 14 percent year on year, of which, the life insurance revenue amounted to 176.996 billion yuan, up 14.2 percent year on year and its property insurance revenue stood at 88.983 billion yuan, up 13.5 percent year on year.

By the end of September, investment assets of the company reached 1.18 trillion yuan, up 9.5 percent compared with that of the end 2017. (Edited by Ma Xin, maxin11@xinhua.org)

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Keyword: CPIC

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