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The Market Doesn't Like What It Sees From The People's Insurance Company (Group) of China Limited's (HKG:1339) Earnings Yet
China People\'s Insurance 2024 annual results pre-increase announcement
Net profit growth exceeds 70%, and the insurance industry's performance growth rate is on track to break a decade record.
Another listed insurance company has disclosed a "good news" report. On January 24, The People's Insurance announced that the company achieved a net profit attributable to the parent of 398.53-...
PICC Group Anticipates Up to 95% Higher Attributable Net Profit for 2024
PICC GROUP (01339.HK) announces good news: it is expected that the net income attributable to shareholders for the fiscal year 2024 will increase by 75% to 95% year-on-year.
Gelonghui, January 24 │ PICC GROUP (01339.HK) announced that the annual net income attributable to the parent company's Shareholders for 2024 is expected to be between 39.853 billion yuan and 44.407 billion yuan, an increase of 17.08 billion yuan to 21.634 billion yuan compared to the same period last year, with a year-on-year growth of 75% to 95%. In 2024, the Group will steadfastly pursue a high-quality development direction, continuously optimize its Business structure, deeply advance cost reduction and efficiency enhancement, actively seize opportunities in the Capital Markets, with total investment returns significantly increasing year-on-year, while achieving substantial net income compared to last year.
People's Insurance Company (Group) of China Sees 2024 Net CNY39.85B-Net CNY44.41B >1339.HK
