Ping An Insurance(Group) Company Of China,Ltd.’s Net Profit Dropped 15.1% in First Three Quarters 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 97.5 billion yuan in the first three quarters of 2021, down 15.1% year-on-year.

Meanwhile, the company posted 904.6 billion yuan in revenue, down 1.4% year-on-year.

At the end of the reporting period, it had 10.1 trillion yuan in total assets and 9 trillion yuan in total liabilities, with a liability-to-asset ratio of 89.6%.

This article was automatically produced by Caixin Automation on Nov. 3, 2021.

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