China Pacific Insurance Reports Q3 Net Profit of 5.628 Billion Yuan, Down 68.4% Year-on-Year

Deep News10-28 16:41

On the afternoon of October 28, China Pacific Insurance (Group) Co., Ltd. (ASX: 601601) released its 2026 third-quarter report.

The announcement showed that in the first three quarters of 2026, the company achieved insurance service revenue of 218.851 billion yuan, up 0.9% year-on-year; net profit attributable to shareholders of the company was 36.403 billion yuan, down 20.3% year-on-year; operating profit was 30.081 billion yuan, up 5.6% year-on-year.

Among this, CPIC (HKEX: 02601) Life Insurance's insurance service revenue was 64.634 billion yuan, up 1.0% year-on-year; CPIC Property Insurance's insurance service revenue was 151.408 billion yuan, up 0.4% year-on-year.

As of the end of the reporting period, the group's investment assets stood at 3,235.756 billion yuan, up 6.4% from the end of the previous year.

The company's third-quarter operating revenue was 79.428 billion yuan, down 45.0% year-on-year; net profit attributable to shareholders of the listed company was 5.628 billion yuan, down 68.4% year-on-year.

The change in performance was mainly affected by fluctuations in the capital market.

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