The People'S Insurance Company(Group) Of China Limited’s Net Profit Rose 15.1% in First Three Quarters of 2022

The People'S Insurance Company(Group) Of China Limited (中国人民保险集团股份有限公司) (601319.SH) reported a net profit of 33.1 billion yuan in the first three quarters of 2022, up 15.1% year-on-year.

Meanwhile, the company posted 481.5 billion yuan in revenue, up 6.4% year-on-year.

At the end of the reporting period, it had 1.5 trillion yuan in total assets and 1.2 trillion yuan in total liabilities, with a liability-to-asset ratio of 80%.