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[Brokerage Focus] Founder Securities: ZA ONLINE (06060) core Business growth accelerates, maintaining a "strong buy" rating.
Jinwu Financial News | Founder Securities released a Research Report pointing out that ZA ONLINE (06060) 2024 performance meets expectations, with multiple business sectors showing outstanding results and significant growth potential in the future. In 2024, ZA ONLINE achieved a total premium of 33.417 billion yuan, a year-on-year increase of 13.3%, ranking 8th in domestic property insurance; the Net income (adjusted basis) reached 0.603 billion yuan, a substantial increase of 105.4% year-on-year; the comprehensive cost ratio (COR) was 96.9%, an increase of 1.7 percentage points compared to the same period last year. From the perspective of various business Sectors, the growth of the health ecosystem is significant.
Hong Kong Stock Announcements | TENCENT expects double growth in revenue and profit for 2024, plans to repurchase at least 80 billion Hong Kong dollars worth of shares.
Ping An Insurance (02318) released its annual results, with a Net income of 126.607 billion yuan, a year-on-year growth of 47.8%, and a final dividend of 1.62 yuan per share; achieving a milestone of 10 billion in revenue for the first time. KINGSOFT (03888) released its annual results, with Shareholder profit of 1.552 billion yuan, an increase of 221% year-on-year.
ZhongAn Online's Profit Slides in 2024
ZA ONLINE (06060) announced its annual performance, with total premiums exceeding 33.417 billion yuan for the year, a year-on-year increase of 13.3%, achieving underwriting profits for the fourth consecutive year.
ZA ONLINE (06060) announced the annual performance for the year ended December 31, 2024, during which the group achieved...
Express News | ZhongAn Online P & C Insurance - FY Net Profit Attributable RMB603.5 Mln
ZA ONLINE: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED DECEMBER 31, 2024