Aug 28, 2021 08:00 AM

Ping An Insurance(Group) Company Of China,Ltd.’s Net Profit Dropped 10.5% in First Half of 2021

Ping An Insurance(Group) Company Of China,Ltd. (中国平安保险(集团)股份有限公司) (601318.SH) reported a net profit of 68 billion yuan in the first half of 2021, down 10.5% year-on-year.

Meanwhile, the company posted 635.6 billion yuan in revenue, up 0.9% year-on-year.

At the end of the reporting period, it had 9.9 trillion yuan in total assets and 8.9 trillion yuan in total liabilities, with a liability-to-asset ratio of 89.6%.

This article was automatically produced by Caixin Automation on Sept. 1, 2021.

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