News China01 Sep 2017

China Re's 1H profits boosted by investment sales

01 Sep 2017

Profit before tax at state-owned China Re grew by 12.7% to CNY3.89 billion (US$589 million) in the first half of this year on investment gains. Profits attributable to shareholders rose by 9.4% to CNY2.95 billion, according to financial statements filed by the reinsurer .

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