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Ping An Insurance H1 profit down

Aug 18, 2009 (Datamonitor via COMTEX) --

Company: Ping An Insurance Group Co of China Ltd (PIAIF)

Ping An Insurance Group Company of China has reported that profit attributable to owners of the parent for the first six months ended June 30, 2009 was RMB5.22 billion, or RMB0.71 per share, compared to RMB9.49 billion, or RMB1.29 per share, for the first six months ended June 30, 2008.

Ping An's net investment income decreased by 14.5% to RMB8.75 billion for the first six months of 2009 from RMB10.23 billion for the first six months of 2008.

For the first six months of 2009, net interest income was RMB1.51 billion, compared to RMB1.98 billion during the corresponding period of 2008. 

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Company: Ping An Insurance Group Co of China Ltd (PIAIF)


Related terms: insurance, profit

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