China's Ping An Insurance posts 48% rise in 2024 profitBEIJING/SHANGHAI, March 19 (Reuters) - Ping An Insurance (Group) Co of China Ltd 2318.HK 601318.SS reported a 47.8% rise in its net profit last year, the Chinese insurance giant said in a filing released on Wednesday.
The group posted a net profit of 126.607 billion yuan ($17.50 billion) in 2024, compared with 85.665 billion yuan a year earlier.
($1 = 7.2352 Chinese yuan renminbi)
(Reporting by Ziyi Tang and Engen Tham. Editing by Mark Potter)
((Ziyi.Tang@thomsonreuters.com;))
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