News China05 May 2023

Ping An Insurance Group posts 49% jump in net profit in 1Q2023

| 05 May 2023

Ping An Insurance (Group) Company of China, the largest mainland Chinese insurer in terms of market capitalisation, has announced that its net profit attributable to shareholders of the parent company rising 48.9% year on year to CNY38.35bn ($5.54bn) in the first three months of 2023 compared to the corresponding quarter in 2022.

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