TC

25/04/2014 09:42

CPIC (02601) 1Q net profit rises 44.3% to Rmb3.21bn

    China Pacific Insurance (Group) (CPIC) (02601) said its net profit attributable to equity holders of the parent for the three months ended 31 March 2014 rose 44.3% year-on-year to Rmb3,211 million.
  Its basic and diluted earnings per share were Rmb35 cents.
  Operating income amounted to Rmb63,720 million, an increase of 19.9% from a year earlier.
  CPIC realized gross written premiums of Rmb61.888 billion during the reporting period, an increase of 20.4% as compared to the same period of last year. Gross written premiums from CPIC Life and CPIC Property amounted to Rmb38.354 billion and Rmb23.516 billion, up 25.2% and 13.2% year-on-year. 

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