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China Life 2024 Annual Results Advance Announcement
China Life Insurance Expects Up to 120% Higher Net Attributable Profit for 2024
【Company profit surprise】 China Life Insurance (02628) expects last year's Net income to grow by up to 120% year-on-year.
Jinwu Financial News | China Life Insurance (02628) announced that under the enterprise accounting standards, the company's net income attributable to shareholders of the parent company for the year 2024 is expected to be approximately RMB 102.368 billion to RMB 112.605 billion, which will increase by approximately RMB 51.184 billion to RMB 61.421 billion compared to the same period in 2023, with a year-on-year growth of about 100% to 120%. It is expected that under the international financial reporting standards, the company's net income attributable to shareholders for the year 2024 will be approximately RMB 102.368 billion to RMB 112.605 billion.
CHINA LIFE: Announcement on Estimated Profit Increase for the Year 2024
Express News | China Life Insurance Sees 2024 Net Profit up About 100-120%
Hong Kong stocks are experiencing fluctuations | Mainland Insurance Companies are rising again, with multiple measures to promote the entry of medium and long-term funds into the market. The Insurance Industry is expected to benefit from the optimization
Mainland Insurance Companies rose again. As of the time of this report, China Life Insurance (02628) is up 3.13%, trading at 14.48 Hong Kong dollars; China Pacific Insurance (02601) is up 3.04%, trading at 23.7 Hong Kong dollars.
