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2026-08-28 19:15:04 PICC P&C (02328.HK) announced its interim results for the six months ended end-June 2026. Original insurance premium income rose 1.3% YoY to RMB327.529 billion. Insurance service revenue amounted to RMB254.617 billion, up 2.2% YoY. Net profit amounted to RMB32.296 billion, up nearly 32.1% YoY. EPS was RMB1.452. The company declared an interim dividend of RMB0.34 per share, compared with RMB0.24 per share in the previous financial year, representing a YoY increase of 41.7%. Return on equity (non-annualized) was 10.9%, up 1.9 ppts YoY. Total investment income reached RMB27.359 billion, representing YoY growth of 58.5%. The comprehensive solvency adequacy ratio was 237.2%, up 4.8 ppts from the beginning of the year, while the core solvency adequacy ratio was 213.8%, up 0.4 ppts from the beginning of the year. Solvency remained adequate and stable. (ad/da)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |