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Ping An Insurance profits up 45%

Updated: 2013-10-26 14:11
( Xinhua)

Ping An Insurance profits up 45%

A Ping An Bank branch in Shanghai. Ping An Insurance (Group) Co of China Ltd saw its profits grow 45 percent year-on-year in the first three quarters of 2013.[Photo/China Daily]


BEIJING -- Ping An Insurance (Group) Co, one of China's major insurers, said on?Oct 25, 2013 that its net profit in the first three quarters of this year rose 45 percent year-on-year.

The company's net profit stood at 23.3 billion yuan ($3.80 billion), with the earnings per share standing at 2.95 yuan, the company said in a statement filed with the Shanghai Stock Exchange.

Meanwhile, Ping An Bank saw its net profit up 13 percent year-on-year to 11.7 billion yuan in the first three quarters.

Related: Ping An to issue bond to boost capital levels

 
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