China Re (01508.HK) announced that the insurance business revenue for the first three quarters of this year was 9.54 billion yuan, a year-on-year decrease of 34.5%; net profit was 2.41 billion yuan, approximately doubling year-on-year. EPS was 5.7 cents, ROE was 3.85%, and comprehensive investment yield was 4.41%. As of September 30, the company's core solvency adequacy ratio and comprehensive solvency adequacy ratio were both 330%.
中再保(01508.HK)首三季純利24.1億人幣 按年升兩倍
China Reinsurance (01508.HK) reported a net profit of 2.41 billion RMB in the first three quarters, doubling year-on-year.
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