TC

17/08/2017 16:43

Ping An (02318) interim net up 6.5% to Rmb43.4bn; div Rmb0.5

    Ping An Insurance (02318) said its net profit attributable to shareholders of the parent company for the six months ended 30 June 2017 rose 6.5% year-on-year to Rmb43,427 million.
  Basic and diluted earnings per share were Rmb2.43.
  New business value generated by the life and health insurance business grew by 46.2% year-on-year to Rmb38,551 million. Total income amounted to Rmb503,143 million, up 23.4% year-on-year.
  The Group's ROE (not annualized) and ROEV (not annualized) were 10.6% and 15.4% respectively. As at 30 June 2017, embedded value amounted to Rmb739,144 million. 
  The proposed interim dividend is Rmb0.5 (2016: Rmb0.2) per share, payable on 16 October.

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