Summary by Moomoo AI
China Pacific Insurance (Group) Co., Ltd. (“China Taibao”) announced its first quarter report for 2024 on 26 April 2024. The report showed that the company's operating revenue reached RMB95,428 million in the first quarter of 2024, an increase of 1.1% year-on-year; net profit was RMB11,759 million, an increase of 1.1% year-on-year. Basic earnings per share and diluted earnings per share were $1.22, with a weighted average return on net assets of 4.6%, down 0.3 percentage points from the same period last year. At the end of the reporting period, the total assets of the company were RMB2,441,419 million, an increase of 4.2% year-on-year, and shareholders' equity was RMB257,885 million, an increase of 3.3%. The quarterly report is unaudited and is guaranteed by the Company's Board of Directors...Show More