New China Life Insurance Co., Ltd. Class H ( (HK:1336) ) has provided an update.
New China Life Insurance Company Ltd. announced an estimated significant profit increase for the year 2024, projecting a net profit of approximately RMB23,958 million to RMB25,700 million, which marks a 175% to 195% rise compared to 2023. This growth is attributed to its strategic transformation and operational enhancements focusing on customer service, investment management, and leveraging favorable national economic policies, leading to a considerable boost in both insurance business volume and investment returns.
More about New China Life Insurance Co., Ltd. Class H
New China Life Insurance Company Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the insurance industry. The company focuses on providing various life insurance products and services, catering to a wide range of customer needs and emphasizing a customer-centered strategic approach.
YTD Price Performance: -0.21%
Average Trading Volume: 15,820,665
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: HK$129.3B
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