Summary by Futu AI
CHINA TAIPING Insurance Group has announced the projected earnings increase for the year 2024, expecting a net profit attributable to shareholders of the parent company to be approximately RMB 42.2 billion to 46.3 billion, representing a year-on-year growth of about 55% to 70%. The net profit excluding non-recurring gains and losses is expected to be around RMB 42.1 billion to 46.1 billion, also showing a year-on-year increase of 55% to 70%. Compared to the net profit of RMB 27.257 billion in 2023, it is expected to increase by approximately RMB 14.9 billion to 19 billion. The company stated that in 2024, it will focus on its main responsibilities and businesses, promoting high-quality development through comprehensive deepening of reforms. In terms of Insurance, it will continue to enhance service...Show More
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