Ping An Insurance(Group) Company Of China,Ltd.’s Net Profit Rose 5.5% in First Half of 2022

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 71.7 billion yuan in the first half of 2022, up 5.5% year-on-year.

Meanwhile, the company posted 612.1 billion yuan in revenue, down 3.7% year-on-year.

At the end of the reporting period, it had 10.7 trillion yuan in total assets and 9.6 trillion yuan in total liabilities, with a liability-to-asset ratio of 89.6%.