The People'S Insurance Company(Group) Of China Limited’s Net Profit Rose 12.2% in 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 34.3 billion yuan in 2022, up 12.2% year-on-year.

Meanwhile, the company posted 620.9 billion yuan in revenue, up 3.9% 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 80.1%.