Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Company

​China Pacific Insurance net profit surges 80 pct

October 31, 2019


Abstract : China Pacific Insurance (Group) Co., Ltd., one of China's insurance giants, reported an 80.2-percent surge in net profit in the first three quarters.

BEIJING, Oct. 30 (Xinhua) -- China Pacific Insurance (Group) Co., Ltd., one of China's insurance giants, reported an 80.2-percent surge in net profit in the first three quarters.

The company raked in 22.91 billion yuan (3.24 billion U.S. dollars) in net profit, with revenue rising 7.4 percent year on year to 311.23 billion yuan, according to the company's report filed with the Shanghai Stock Exchange Wednesday.

Specifically, premium income of the company reached 286.82 billion yuan, up 7.7 percent from a year earlier, while the group's assets stood at 1.37 trillion yuan at the end of September, up 11.1 percent from a year earlier.

China Pacific Insurance shares on the Shanghai bourse dropped 0.35 percent to 34.55 yuan Wednesday.

Scan the QR code and push it to your mobile phone

Keyword: life insurance ​China Pacific Insurance

Reading:

China sees robust retail imports via cross-border e-commerce

China's new tax, fee cuts at 1.78 trln yuan in Jan.-Sept.

China to further open seafood sector: official

Moody's keeps stable outlook on Chinese life insurers

Camicissima (production of shirts, mainly for men)

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial