BEIJING/SHANGHAI, March 21 (Reuters) - Ping An Insurance (Group) Co of China saw a 22.8% drop in net profit last year, the insurance giant said on Thursday.
The group posted net profit of 85.67 billion yuan ($11.90 billion) in 2023, versus 111.01 billion yuan a year earlier.
($1 = 7.1985 Chinese yuan renminbi)
(Reporting by Ziyi Tang and Engen Tham; Editing by Jan Harvey)
((Ziyi.Tang@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments