News China28 Aug 2020

Non-life giant's 1H profit plunges by 22%

28 Aug 2020

PICC Property & Casualty Co's first-half net profit fell 22% as higher premiums income was offset by tax expenses, reported Dow Jones. Net profit in the period was CNY13.18bn ($1.90bn) compared with CNY16.82bn for the corresponding period last year.

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