Summary by Futu AI
China Pacific Insurance announced its third quarter report for 2024 on October 30, 2024, showing significant growth in both revenue and net profit. In the third quarter, revenue reached 115930 million RMB, a 44.2% year-on-year increase, while net profit reached 13178 million RMB, a significant 173.6% year-on-year increase. Net profit after deducting non-recurring gains and losses also saw significant growth, reaching 13173 million RMB, a 174.2% year-on-year increase. Basic earnings per share and diluted earnings per share were both 1.37 RMB, and the weighted average return on equity was 4.9%. During the reporting period, total assets of the company increased to 2684461 million RMB, a 14.5% year-on-year increase, and shareholders' equity increased to 273334 million RMB, a 9.5% year-on-year increase. The company stated that...Show More