China Life Insurance forecasts up to 70% profit surge in Q3 2025

China Life Insurance Company Limited expects its net profit attributable to equity holders of the parent company for the first three quarters of 2025 to range between RMB156,785m and RMB177,689m. This forecast represents a year-on-year increase of approximately 50% to 70% compared to the same period in 2024, an estimated rise of RMB52,262m to RMB73,166m.

The company's preliminary estimates for 2025, prepared under ASBE and unaudited, also project net profit after deducting non-recurring items to be in the range of RMB157,011m to RMB177,946m, an increase of RMB52,337m to RMB73,272m, or 50% to 70% year-on-year. For context, the total net profit attributable to equity holders for the first three quarters of 2024 was RMB104,523m.

This significant estimated increase is primarily attributed to enhanced investment returns. China Life Insurance actively optimized its asset allocation structure, focusing on value creation, improving profitability, and steadily conducting cross-cycle investment deployment amidst a recovering stock market. The company indicated no material uncertain factors that might affect the accuracy of these estimated results.