TC

03/05/2016 08:49

CPIC (02601) 1Q net profit down 55.1% to Rmb2.2bn

    China Pacific Insurance (Group) (CPIC) (02601) said its net profit attributable to equity holders of the parent for the three months ended 31 March 2016 dropped 55.1% year-on-year to Rmb2,199 million.
  Basic and diluted earnings per share were Rmb0.24.
  Operating income was Rmb83,443 million, an increase of 13.1% from a year earlier.
  During the reporting period, CPIC realized gross written premiumsof Rmb78.217 billion, representing an increase of 25.5% as compared to the same period of last year. 

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