PICC Property and Casualty (02328) said its profit attributable to owners of the parent for the six months ended 30 June 2015 rose 85.1% year-on-year to Rmb14,422 million, hitting another record high in operating results compared to the same periods of previous years.
Basic earnings per share were Rmb97.3 cents.
Underwriting profit was Rmb6,191 million, an increase of 10.8% compared to the same period of last year; total investment income was Rmb13,523 million, up 142.6% year-on-year.
The gross written premiums reached Rmb146,232 million, an increase of 10.7% from a year earlier. The company's market share in the PRC property and casualty insurance market is 34.2%, representing an increase of 0.7 percentage points compared to the end of 2014.
No interim dividend will be distributed.
31/08/2015 11:27
PICC P&C (02328) interim net up 85% to Rmb14.42bn; no div
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